Safeguard the choices that built your business
Building a business with partners is very personal. You've shared late nights, tough decisions, and breakthrough moments. But what happens if one partner passes away or becomes disabled? Without good financial planning, you might find that you’re suddenly in partnership with someone who has inherited part of your business, with little interest or knowledge of how it’s run. This can cause unnecessary business interruption, that affects decision-making, slows growth, and can impact the long-term stability of the business.
Without a plan in place, buying out a partner’s share can drain resources and disrupt the business. This is where buy and sell agreements come in – they set fair values upfront, guarantee funding through a life insurance policy, and ensure everyone gets what they deserve. The result? Business partners remain in control and the family receives immediate and fair compensation.
In difficult times, the last thing anyone needs is uncertainty. Decisions made early keep things clear, fair, and free from tension.
Life insurance provides instant capital for the buyout. No last-minute loan application, no selling assets, no draining the business account at the worst possible time.
The people you chose to build with remain in control. Meanwhile, the departing partner's family gets fair value immediately - everyone wins.
Protect my business
Contingent Liability Cover
Does your business have oustanding debt?
Contingent Liability Cover settles loans taken out by a business where the owner has signed personal surety for the debt. It removes the risk of debt being paid from the signatory’s personal estate and enables continued operating without the burden of loan obligations.
Keyperson Insurance
Are there key employees in your business who drive revenue or profitability?
If a keyperson passes away or becomes permanently disabled, this insurance helps the company meet its financial obligations until an appropriate replacement is found.