Business Assurance
Protect your business and your partners when it matters most
Business assurance is specialist financial planning for business owners and their partners, covering buy and sell arrangements, key man insurance, contingent liability, and preferred compensation.
What's Included
A planning engagement should clarify the moving parts before specific recommendations are made.
A legally binding agreement that pre-determines the value and funding mechanism for a partner's share in the event of death or disability. Removes uncertainty and protects all parties.
Cover on the life of a key individual whose death or disability would materially impact the business — providing a capital buffer to recruit, retrain, and maintain operations.
Beyond insurance, we help business owners think through contingency plans, succession timelines, and the financial structures needed to keep the business operating through disruption.
Buy-and-sell agreements require a fair business valuation method to be agreed in advance. We work with you and your accountant to establish a valuation approach that all partners accept.
We coordinate the insurance policy structuring, ownership arrangements, and legal agreement to ensure the buy-and-sell mechanism functions correctly when triggered.
Our Process
The process keeps discovery, advice, implementation, and review connected.
Business structure review — number of partners, ownership percentages, and current agreements
Business valuation method agreed with all partners and their legal advisers
Life and disability cover needs analysis for each partner and key man requirement
Policy structuring — correct ownership and beneficiary nomination for buy-and-sell to work
Coordination with attorney for buy-and-sell agreement drafting
Annual review of cover amounts as business value changes
Engagement Scope
Fees and service levels should be confirmed in the advice proposal after discovery.
Typical Scope:
- Business needs analysis
- Policy structuring recommendation
- Coordination with business attorney
- Annual cover review
Discuss Your Business Assurance Needs
Use a confirmed channel to request a focused planning conversation.