Buy-Sell Agreement Life Insurance - The Insurance Pros
What is Buy-Sell Life Insurance?
Buy-sell insurance is a type of life insurance policy designed to facilitate the buying and selling of a business interest (such as shares, ownership stakes, or partnership interests) in the event that one of the business owners dies, becomes disabled, or wants to exit the business.
This insurance ensures that the surviving or remaining owners have the financial resources to buy out the deceased or departing owner's share, preventing the business from being forced to sell to external parties.
The goal of buy-sell insurance is to provide a smooth and financially sound way for business owners to exit or transferownership while maintaining stability within the business.
Set up an appointment today
Buy-Sell Insurance is a specialized type of life-insurance. Every situation is different, therefore, we suggest setting up a one-on-one appointment if you think one of these policies may be a good fit for your business.