Shareholder Protection

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Share protection through life assurance

Directors' or partners' share agreements may provide for the remaining directors to purchase the shares of other shareholding directors should they die. However there is a risk that the remaining directors may not have sufficient funds to hand when a fellow director passes away unexpectedly.

One solution to this is to take out life cover as a source of funding.

To arrange such cover requires the understanding and agreement of all concerned. It will also require some careful calculations to determine how much cover is required.

However, it will be a comfort to all directors or partners of a business to know that their own or a colleague's death will leave the other directors with sufficient support to carry out the terms of their shareholders' agreement.

This type of policy can also include critical illness for protection in the event that a director or partner is forced to leave due to illness.

 

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THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

Scott P.

Claire and the team have been absolutely amazing from start to finish can’t thank them enough ,  would highly recommend

Dan B.

I can’t say enough good things about my experiences with Claire Hogg Mortgages and Protection Company!!! We have had assistance from Claire and the team across multiple properties for a number of years and from start to finish, the team have always been knowledgeable, responsive, and genuinely invested in helping us secure the best mortgage for our situation. They explain every step clearly, answer all our questions promptly, and have made the entire process smooth and stress-free. I highly recommend them to anyone looking for a trustworthy and reliable mortgage partner, there’s absolutely no need to look any further! 
Thanks Claire & Team!

David B.

Can’t thank the team enough for sorting a mortgage and remortgage for me, made the process completely effortless, and will definitely be using again. I don’t often post reviews but credit where credit is due, highly recommended. Thanks

Karl K.

Highly recommend, especially as a first time buyer. They made everything seem easy. A very professional team. Informed me of everything they did. Would defo use again. Thank you.

Craig C.

Would definitely recommend this service as through our experience, they were just a call away to answer any questions we had and always put our best interests first. They kept us at ease as we were very nervous going through the house buying process but they always up to date and explained everything very well.