WHAT IT IS
A Buy/Sell Agreement is an insurance agreement that at time of death or trauma, the equity that shareholder has in the business, is funded and paid out to a designated trust. You get the protection you need to what is rightfully yours.
WHY YOU NEED IT
You’ve worked hard in your business that you part own, and you and your family have made sacrifices along the way. Your business has been successful and you have a nice amount of equity in the business. If you were to pass or be left permanently disabled you want the peace of mind that guarantees what is rightfully yours, your equity in the business, goes to the right beneficiaries.
HERE'S WHAT IT PAYS FOR
It pays for the amount of equity that is in the business of that shareholder.
HOW TO SET IT UP
Our advice is to always talk to one of our independent, professional insurance advisors. We’re here ensure you have the correct cover. It’s crucial at claim time that the information provided is accurate. As we don’t work for one insurance company, we offer bespoke insurance options to suit your individual needs.