What would happen if…
At some point, business partners have to consider the realities of what would happen if one or more partners were to die or become disabled. Although this will eventually happen, most business owners are not prepared to go into business directly with their partner’s spouse or children. Business continuity insurance can help with a carefully constructed plan that is both affordable and intelligent.
Funding Buy/Sell Agreements with Insurance
We work with your attorney to help draft coverage for buy/sell agreements. This legal instrument predetermines agreed-upon business values that can transfer ownership interests or management authority upon the death or disability of a partner. One of the smartest ways to “fund” a buy-sell agreement is with permanent life insurance and disability insurance.
Continuity insurance is a valuable business asset and peace of mind
Call us at 800-767-3161 or fill out the form on the right of your screen to be contacted by one of our business continuity insurance experts.