If you are a shareholder in a business, ensuring the ongoing profitability and sustainability of your business in the event of an unforeseeable event will no doubt be a priority for you and your fellow shareholders. Most company shareholders use what is known as buy & sell insurance as a funding mechanism to ensure the smooth transfer of shareholding in the event of the death, disability, or severe illness of one of the shareholders. In this article, we explore how buy & sell insurance can provide an excellent funding mechanism for business succession planning.