Buy-Sell Agreement

Our Buy-Sell Agreement Solution ensures you can protect yourself and your company if an unexpected or unintended transfer of ownership ever occurs, extending the life of your company and providing you peace of mind. Our Buy-Sell Agreement Solutions include:

Cross-Purchase Plans — This type of Buy-Sell Agreement plan allows a business with multiple owners to enter into an official and beneficial agreement with each other. Both owners purchase a Life Insurance policy on the other owners and will be named the beneficiary of the policy. If the death of one of the owners occurs, each surviving owner will receive an insurance payout that can be used to purchase the deceased owner’s business interests.

Entity Plans — This plan allows your business to purchase a Life Insurance policy on each owner, with the company itself as the beneficiary. If an owner dies, the company will receive the payout that can be used to purchase the deceased owner’s business interest.

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