Product

ShareGuard protects you from adverse share price movements. The majority of FTSE 100 shares are covered and share insurance can be used to protect individual shareholdings or those held in ISA’s, SIPPs, CTFs, PEPs, employee share schemes and directors’ shareholdings.

Product Features (currently under development)

• Covers majority of FTSE 100 shares
• No credit check, no arrangement fees
• Applicable for individuals, employee schemes, company directors
• Automatic claims payments, no customer action required
• Claims paid directly to the customer’s bank account each month
• Monthly installments available
• Regulated by the FSC and FSA as general insurance
• All applicable policies covered by the FSCS
• No claims handling or customer contact post sale

Market Size

• 58% of UK individuals own shares in FTSE 100 companies
• SIPPs valued at £1,065bn
• 2.6m stakeholder funds valued at £1.3bn
• 5m employees in some form of share plan

Risk

The following shows the fall of BT from a high of 280.25 in Jan 08 to a low of 110.00 in Nov 08

Quotes

Recent high profile share price collapses include :

• HBOS
• RBS
• Northern Rock
• Railtrack
• ITV
• Barratts