Brewery Insurance
Brewery Partners and Shareholders Insurance
Many breweries are owned by two or three people who started it together. If one of them can’t continue, the others may need money to buy them out or keep operating.
Example
How cover can respond in practice
A co-owner dies unexpectedly. The family wants their share paid out, but the business doesn’t have the cash. A properly structured arrangement, set up in advance, would have provided the funds.
What to think about
What to think about
Cover that gives the business funds for a buy-out
Shareholder or partnership agreements
Management liability for directors and officers
Key person cover
Personal guarantees on loans
Before you call
Questions to think about before you call
- 01
How many owners are there?
- 02
Do you have a written agreement?
- 03
Are there personal guarantees on loans?
Brewery insurance
More brewery cover guides
FAQs
General advice only. It does not take into account your objectives, financial situation or needs. Read the relevant PDS and our Financial Services Guide before deciding.
Yes. Get legal advice.
Both. A lawyer drafts the agreement and a financial adviser can structure personal cover.
Not exactly. It protects the business against loss of income.
We can arrange business insurance and refer you to specialists for personal cover.
Contact us
Want us to review your cover?
Tell us about your brewery or craft venue and we’ll come back with options. Prefer to talk? Call 02 8660 2305 or email admin@idealbrokers.com.au.