Protect Your Business Against the Loss of a Partner
If the buy sell agreement you have with your partners or shareholders only offers limited protection, you may want to consider disability buy sell insurance.
For example, disability buy sell insurance can help ensure your business has the funds available to purchase the interests and/or shares of a partner who becomes permanently disabled and is unable to continue working. The existence of a formal disability buy sell agreement is very important, as it will govern the terms of the buy-out.
Consult with us for more information or for assistance in structuring disability buy sell coverage for your business. Royale British Columbia Financial Inc Insurance can help you structure the coverage that will best suit your business.