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If you elect to take the buyer protect insurance policy, you are liable to pay the premium when your transaction closes. In practice, Flippa will bill you for the premium, taxes & fees as part of their invoicing process for their fee payable upon closing. Alternatively, for some policyholders, a premium payment link will be sent to you by Rubicon (see question 1, above) after closing. Only the payment mechanism that is correct for you will be identified - whether you are to be billed via the Flippa invoicing process, or separately via email.

If you elect to take the buyer protect insurance policy, you are liable to pay the premium within 30 days following the closing date of your transaction. If you don’t pay the premium within this timeframe, for any reason, your policy will be cancelled from the applicable start date in the policy (known as inception), with no cover given.

You will be covered for claims made within the 18 months following the closing date of your transaction, subject to the policy terms & conditions. Your policy will lapse after 18 months following the closing date. This means you will no longer be able to claim under the policy after that date unless you arrange to extend your policy via Rubicon, who will discuss with the insurer and confirm if this is possible.

No. If you have not opted in to purchase the insurance, you will not be liable to pay the premium and you will not receive an insurance policy.

Buyer Protect is purchased directly off Rubicon Insurance services who are a licensed surplus lines insurance broker in the United States. Product details on Seller Protect and Buyer Protect will be made available to you during your customer process within the Flippa platform, if eligible, or can be obtained from Aura Risk Management & Insurance Services, LLC trading as Rubicon M&A Insurance Services, LLC (“Rubicon”) by emailing [email protected]. Rubicon is acting as Surplus Lines broker in relation to these insurance policies.

Flippa does not act as a broker or insurer in any jurisdiction and any questions or advice regarding this product should be directed to [email protected]. 

Buyer Protect pricing starts from 0.99% of the enterprise value excluding taxes.

If you elect to take the seller protect insurance policy, you are liable to pay the premium when your transaction closes. In practice, Flippa will bill you for the premium, taxes & fees as part of their invoicing process for their fee payable upon closing. Alternatively, for some policyholders, a premium payment link will be sent to you by Rubicon (see question 1, above) after closing. Only the payment mechanism that is correct for you will be identified – whether you are to be billed via the Flippa invoicing process, or separately via email.

If you elect to take the seller protect insurance policy, you are liable to pay the premium within 30 days following the closing date of your transaction. If you don’t pay the premium within this timeframe, for any reason, your policy will be cancelled from the applicable start date in the policy (known as inception), with no cover given.

If you have opted in to purchase the insurance policy and paid the premium within the required timeframe (see question 3, above), you will be provided with your policy documentation automatically once your transaction closes. Your policy documentation will be sent to the email address you provided to Flippa. The start date for your insurance policy is the same as the closing date of your transaction.

You will be covered for claims made within the 18 months following the closing date of your transaction, subject to the policy terms & conditions. Your policy will lapse after 18 months following the closing date. This means you will no longer be able to claim under the policy after that date unless you arrange to extend your policy via Rubicon, who will discuss with the insurer and confirm if this is possible.

Instructions on how to make a claim are contained in Condition 1 within the policy wording, which will be provided to you when you receive your policy documentation. Condition 1 in the policy wording describes that first notification of a claim should be reported to the claims managers stated on the declarations page of the policy wording.

No. If you have not opted in to purchase the insurance, you will not be liable to pay the premium and you will not receive an insurance policy.

Seller protect is an innovative insurance policy designed specifically to protect sellers of small businesses from the risks they face during an M&A transaction. The policy insures sellers for loss payable to the buyer as a result of an innocent breach of a seller representation or warranty, providing cover for up to 100% of the seller’s indemnity plus defence costs.

Seller protect covers you in the event the buyer brings a claim against you for an innocent breach of the representations or warranties contained in the acquisition agreement.

Seller Protect is purchased directly off Rubicon Insurance services who are a licensed surplus lines insurance broker in the United States. Product details on Seller Protect and Buyer Protect will be made available to you during your customer process within the Flippa platform, if eligible, or can be obtained from Aura Risk Management & Insurance Services, LLC trading as Rubicon M&A Insurance Services, LLC (“Rubicon”) by emailing [email protected]. Rubicon is acting as Surplus Lines broker in relation to these insurance policies.

Flippa does not act as a broker or insurer in any jurisdiction and any questions or advice regarding this product should be directed to [email protected].

Seller Protect pricing starts from 0.78% of the enterprise value excluding taxes.