Buy/Sell Insurance
What would happen to the ownership of your business should a business partner’s die or become disabled? Do you have an agreement in place for this event? And where would the finances be in order to fulfill such an agreement? This is why the consideration of Buy/Sell Insurance is important.
Buy/Sell Insurance provides funding for the transfer of the ownership of your business in the event of death, disability, retirement or disagreement of one of your business partners. It assists in cases where a clear arrangement or agreement is absent as well as when there is not adequate funding to fulfill the buy-out. Without the financial means the remaining business partners can feel stuck after the death or disability of another partner.
Proper funding should be available to ensure you have the money available to buy the shares of the deceased or disabled partner/owner. Buy/Sell Insurance can provide this peace of mind and is a far lower cost than borrowing from a lender to fund such a buy-out.
Contact us today to find out how Hubbard Insurance Group can help you to determine your eligibility for Buy/Sell insurance. Email us at better@hubbardinsurance.com or call 905.696.9090 where you’ll be “Well Advised. Well ProtectedTM.”
Alternatively fill out the Get a Quote form and we will contact you as soon as possible.
Other Insurance Coverage to Consider
GENERAL BUSINESS INSURANCE
Protect your business property and assets as well as your reputation from lawsuits, accidents and more.
DIRECTORS & OFFICERS INSURANCE
Coverage for Directors & Officers protecting themselves and their organizations reputations from allegations of negligent acts.
EMPLOYEE BENEFITS
You want more than just drug and dental benefits coverage. We offer you more unique tailored benefits for your business and employees.
Group Benefits/Life Insurance
Call Toll Free 1-800-900-2009