Representation and Warranties Insurance
Often referred to as “transaction insurance” or “reps and warranties,” representation and warranties insurance offers more transparency as to the complete landscape of a business.
Representation and warranties insurance comes into play if, after the sale of a business, there are issues that weren’t originally disclosed.
This protects the buyer, and the seller, from unexpected legal issues and bills.
Representation and Warranties Insurance ultimately protects the investment you are making in growing your business.
Some common claims include:
- Accuracy and completeness of financial statements
- Disclosure of material contracts
- Compliance with laws
- Tax Implications
Securing Your Business Acquisition With Benson Kearley IFG
Should you wish to obtain representations and warranties insurance, we’ll help you fill out the application and explain the process along the way.
Through our Benson Kearley IFG assessment process, we consider:
- Clear financial statements
- Tax status
- Material contracts
- Undisclosed liabilities
- Employment matters
Our underwriters will provide a comprehensive breakdown of each consideration, ensuring transparency.
In the event of a claim, you can be assured that our representation and warranties insurance coverage will address all necessary details.
Get in touch with us today to get your quote.