Get help funding a business buy/sell agreement

Your business’ success depends on the productivity of a core team of partners—if you or one of them becomes disabled, your business can suffer. You can help protect your business with Buy-Sell Plus disability insurance to finance the buy-out of a disabled partner.


Count on non-cancellable coverage to age 63 with no rate increases as long as you pay your premiums on time

Convert to an income replacement policy, without medical evidence

Get help covering your legal and accounting expenses, up to $5,000, if you need to execute your buy-sell agreement because of disability

Choose from the following three payout options according to your needs for tax planning:

  • A lump-sum benefit payment
  • Monthly instalments
  • A down payment followed by monthly instalments

Plan details

Core plan:

  • Receive money – either lump sum or through an income stream – to purchase a disabled owner’s share of the business 
  • Suitable for businesses with two to five owners who control at least 10% of the business and work there full-time
  • Transfer insurance to a new business, without medical evidence

Optional add-ons:

Purchase additional insurance as the business grows, without medical evidence

Note: Above features may be subject to terms and conditions

Ready to buy?

If you’re ready to buy Buy-Sell Plus insurance, or if you have questions, speak to your advisor. If you don’t have an advisor, we can help you find one.