What is Business Succession Insurance?
When two or more people work together in a business, there needs to be serious consideration of the disposal of each person’s share of the business in all circumstances. Buy/Sell Insurance is a method of funding the consideration for the transfer of an asset from one person or entity to another in the case of death, temporary disablement, permanent disability, terminal illness as well as the occurrence of a major medical event.
Information on our website is general in nature and does not take into account your personal circumstances. You should consider personal advice that allows for your own goals and situation and always read the Product Disclosure Statement (PDS) issued by an insurer before considering buying cover.
