Business continuation insurance is a type of life and disability insurance that covers losses if a key executive business owner or partner dies or becomes disabled the insurance provides funds. Business continuation insurance is insurance structured to protect against the financial effect of the death of disability of a partner and support business succession planning. For many small and medium sized businesses business continuation insurance serves as a useful element of succession planning and can be a vitally important part of a business continuity plan. Business continuation insurance is an effective risk management strategy which allows the remaining partners to proceed with the regular business functions business continuation insurance serves to provide a smooth and stable transition for a business when one of the owners isnt able to manage it anymore moreover it helps avoid and prevent any potential conflicts between the remaining