Business Continuity Insurance

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Planning for the “What If” Scenario

Business Continuation insurance helps protect against financial losses caused by the death or disability of a key employee or owner. It provides cash to help the business pay its bills, cover lost income, and continue operations until a replacement can be found. It also helps to meet any additional costs associated with finding a replacement and transitioning the business to new ownership.

At some point, business partners have to consider the realities of what would happen if one or more partners were to die or become disabled. Most business owners are not prepared to go into business directly with their partner’s spouse or children. Business continuity insurance can help with a carefully constructed plan that meets the specific needs of the business.

Funding Buy/Sell Agreements with Insurance

We work with your attorney to help draft coverage for buy/sell agreements. This legal instrument predetermines agreed-upon business values that can transfer ownership interests or management authority upon the death or disability of a partner. One of the smartest ways to “fund” a buy-sell agreement is with permanent life insurance and disability insurance.

Continuity Insurance is a Valuable Business Asset and Peace of Mind

Call us at 386-767-3161 or fill out the form on this page to be contacted by one of our business continuity insurance agents.

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