There are different kinds of arrangements you can get to help your business in case you, or a key person for your business, becomes disabled or dies. Here are some options we offer:
- Business Expense insurance will cover your business overheads if you experience illness or injury that stops you from working
- Key Person Insurance—This provides you a lump sum if a ‘key employee’, usually an executive or partner, dies or is unable to continue working.
- Buy/sell Agreement—The owners of a business agree on what will happen to the business in case of the death or permanent disablement of an owner