Business Partnership Insurance

Partnership insurance is also known as Shareholder or Buy/Sell Agreement insurance. When there is more than one owner of a company, it is essential that a Buy/Sell Agreement be in place in order to provide a clear succession plan if one owner decides to leave the company or in the event of their death or disability. Business Partnership Insurance will ensure that there are funds available to purchase the shares of a partner who is no longer active in the business, whether it be due to death or disability.