Buy/Sell Cover
Buy/sell agreements are contracts between business partners or shareholders of small businesses, typically taken out as a form of business insurance. Should death, permanent injury or even divorce leave one partner remaining, buy/sell insurance covers the purchase of the remaining share of the business.
Shares in a business are often left to next-of-kin in a standard will. Recipients, however, may not have the skills, time or interest to actively participate in the business. A buy/sell insurance agreement (also known as shareholder protection) ensures that loved ones are not financially disadvantaged.
Fill out the 1300 Life Insurance quote form below and we will be in touch to discuss your buy/sell insurance needs. If business partners want to ensure the ongoing operations of their company, buy/sell insurance is cover that takes the future into account.
How much insurance
do you need?
When calculating your insurance coverage, make sure you take into account all of your debts, as well as ongoing lifestyle and education expenses. Proper coverage can ensure that your family will be comfortable, whatever happens.
