NZOne Financial Services is a division of NZOne Group Limited

Shareholder Protection

Keeping your business in the right hands

Shareholder protection insurance provides cover if a business owner becomes permanently disabled or dies. Essentially, each shareholder is insured for the value of their shares. If they are forced to exit the business due to death or disability, there is money available for the other shareholders to buy out the shares.

If your company has more than one shareholder and your company has a dollar value, it is worthwhile considering shareholder protection. If you do not have shareholder protection cover, if something happens to one of the shareholders in your company, you may have no choice who you end up being in business with.

Buy/Sell Agreements

When you take out shareholder protection cover, make sure your buy/sell agreement is up to date as it will be important if you claim on your shareholder protection. Buy/sell agreements set out what happens if a shareholder dies or is taken out of the business – specifying when the shares need to be sold, who will purchase them, and in what timeframe.

What our clients say

Insuring you, your family and business.

Disclaimer: Please note the content provided on this page is intended as an overview and is for general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect new developments in the industry or address your situation. Before making any decisions based on the information provided on this page, please use your discretion, and speak to one of our advisers.