"Insurance policy" against deal fees

May 22, 2025
by an intermediary from Bentley University in Charleston, SC, USA
I spoke to a group in the past that offers insurance policies against deal fees.
It protected the buyside in the instance the seller backed out or for whatever reason the deal didn't close.
Curious if anyone offers such a service or can recommend.
from Columbia University in Miami, FL, USA
from Utah Valley University in Salt Lake City, UT, USA