A Management Liability Claim Can Threaten More Than Your Reputation.
It can jeopardize your entire business ownership.
Standard management liability insurance only covers the legal claim itself. It leaves you exposed to the messy, expensive fallout of forced separations.
The Business Equity Protection Plan (BEPP) is a first-of-its-kind supplementary policy designed to absorb the financial shock of parting ways with a co-owner or executive after a claim.
Why You Need BEPP
When a covered management liability claim results in the termination of a partner or key employee, BEPP steps in to fund the transition—protecting your cash flow and your equity.
- Fund Partner Buyouts: Cover eligible expenses to buy out a departing partner without draining your working capital.
- Absorb Severance Costs: Offset unexpected employee severance expenses tied to the claim.
- Protect Business Continuity: Separate smoothly from another owner or executive without risking the future of your company.