Would you have the funds required to buy the shares of your business partner in the event of their death?
Your shareholders agreement may outline the terms and conditions of redemption at the death of one of the owners. But will you have the money required to purchase their share? If you don’t, what will happen? Will your company will be able to stay in operation?
A Buy/Sell Insurance ensures the continuity of your business. Upon the death of one of the owners, the company will receive a death benefit that will be used to buy the shares of the deceased owner.
Because each situation is unique, Lussier Dale Parizeau’s financial advisors are here to guide you towards the insurance product that will meet your needs and ensure your peace of mind and ensure the continuity of your business.