Corporate Insurance Advisers
Many shareholders’ agreements allow the remaining directors of a company to purchase the shares of other shareholding directors should they die, but what happens if money isn’t readily available to buy these shares? At Savage Silk we can provide advice on appropriate insurance products to mitigate this risk. Our legal experts can also review the suitability of existing shareholders’ agreements and assist in ensuring appropriate arrangements are in place.
Key Person Insurance
Directors or employees with specialised skills or knowledge are most likely key people in their company. Losing a key person in the event of death or critical illness can prove highly damaging for a business. Savage Silk can assist you ensure that such individuals are appropriately insured.