What type of insurance is needed for a partnership to insure that the business does not go out of business if one partner dies?
What type of insurance is needed for a partnership to insure that the business does not go out of business if one partner dies?
Business continuation insurance is a type of life and disability insurance that covers losses if a key executive, business owner or partner dies or becomes disabled. The insurance provides funds that a business would need to minimize disruption and continue operations.