Planning for the unexpected is not always possible but protection cover exists for obvious areas of risk and Elman Wall's in-house sister firm, Cavendish Ware+ can advise you on these, e.g.
Shareholder Protection Insurance
You don't want your business to end up in the wrong hands. If a key shareholder dies, your business needs the funds to buy out their (heirs) share or (even) to pay your partner or spouse if anything happens to you.
Key Person Assurance
Could your business cope with the sudden Death or Critical Illness of a key team member? Key Person Assurance is designed to provide funds to tide you over (for) for such an eventuality.
+ a company fully authorised and regulated by the FCA