Buying or selling a business

Disability Buy-Out Insurance

What is Disability Buy-out Insurance?

If a business partner becomes disabled and is unable to continue working, it can cause a major financial strain on the company. Formal disability buy-out agreements should be put in place, to govern the terms for the company to buy out the shares owned by the disabled.

However, the funds required to buy out the disabled’s share of the company can be substantial, and often crippling. Disability buy-out insurance (often referred to as Disability Buy-Sell Insurance) can help ensure your business has the funds available to purchase the interests and/or shares of a partner who becomes permanently disabled and is unable to continue working.

Consult with us for more information or for assistance in structuring disability buy-out coverage for your business. Royale British Columbia Financial Inc Insurance can help you structure the coverage that will best suit your business.

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Faraidoun "Frank" Akhavan

Faraidoun (Frank) Akhavan

Office 205 - 3994 Shelbourne Street
Victoria BC, V8N 3E2

Cell 250-953-2304

Office 250-953-2300

Fax 250-881-7497

Skype faraidoun9

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It was the night before my trip to Maui and I realized when I was packing that I didn’t have my travel insurance lined up. I phoned Royale British Columbia Financial Inc and they were able to help me obtain the right insurance for my kids and I in just a few minutes. I couldn’t believe how fast Royale made it happen.
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