Insurance Compensation

INSURANCE COMPENSATION

 

If any partner, due to accident or illness, is rendered incapable of performing his partnership duties or participating in the partnership, the partnership will redeem the insurance policy subscribed for that partner and will provide that partner with a minimal payment of __________________________ ($________), on the following terms.

 

______________________________ ____________________

Partner Signature Date

______________________________ ____________________

Partner Signature Date

 

 

Warning:

These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

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