Key Person & Buy/Sell
Business continuity, when it matters most.
If a key owner, director or employee becomes seriously ill, disabled or dies, key person and buy/sell insurance helps stabilise cash flow and ownership transitions.
Key Person Insurance
- Pays the business a lump sum or regular benefits if a crucial person can't work
- Used to cover recruitment costs, lost profits or loan repayments
- Often required by banks for business lending
Buy/Sell Insurance
- Agreed in advance via a shareholders' or partnership agreement
- Provides funds for remaining owners to buy out a departing owner's share on death, trauma or total disability
- Prevents disputes and ensures smooth ownership transitions
How we help
- Work with your accountant and lawyer to structure cover correctly
- Match cover amounts to valuations, loan exposures and profit contributions
- Prepare underwriting submissions for multiple directors/partners
Want to discuss key person or buy/sell cover?
Book a business risk consultation.