Peace-of-mind for a Funds Management Business

Buy/Sell Insurance

Four shareholders from a well-known funds management business asked Steadfast Life to help implement Buy/Sell policies to protect against the unexpected.

We worked alongside their lawyer to set up funding, via insurance policies, to ensure funds were available to buy out a shareholder’s equity in the event of their untimely death or permanent incapacitation.

It’s critical for any business that requires specialised skills to have a formalised plan for what occurs to the equity of a shareholder in the event of the death or permanent incapacitation.

*The above advice is general.  Before you decide to purchase life insurance or retain your existing cover, you should consider whether the advice is appropriate for your financial situation, needs or objectives and consider the applicable Product Disclosure Statement.