Protect your business equity when the unforeseen occurs
Your business may have a number of owners with varying degrees of equity. It is important to consider what might happen to the ownership of the business should one of the owners die, become disabled or have to exit. Establishing a legal Buy/Sell agreement is a way to manage the risk to the business.
Buy/Sell insurance aims to cover the equity of each owner. It provides the funds for any required buy out, through insurance cover on the owners to the value of their equity stake. This can be a cost effective method for funding any potential buy out figure which can potentially be quite significant.
Contact a Knightcorp Financial Adviser to discuss your options and find the right protection for your business.