Buy-Sell Plan Funding
In a buy-sell plan, one party agrees to sell and the other agrees to buy a business interest as the result of a triggering event. The buy-sell event is typically defined as the death, disability, or retirement of an owner. We provide funding for buy-sell agreements to insure liquidity to buy the business interests.
Insure your buy-sell plan
Fund your buy-sell obligations with insurance to provide liquidity when it is needed.
We deliver proprietary coverage for buy-sell plans.
Buy-Sell Insureds
Determine who needs to be insured, proper ownership, and coverage amounts for death and disability.
Structure
Insure the buy-sell liabilities associated with a cross purchase or entity purchase plan buy-sell.
Flexibility
Use funding approach and product structure to maintain flexibility as the business value and needs change.
Insure your buy-sell obligations
Whether you have a cross purchase buy-sell plan or an entity purchase buy-sell plan, there are three key benefits to insuring the obligations. Benefits of insuring a buy-sell plan include (1) pegs the value of the business, (2) guarantees a known buyer and (3) ensures liquidity.
How It Works
Buy-Sell Funding
Work with your CPA and attorney to understand proper ownership and coverage amounts for the buy-sell agreement.
Underwriting
Insurance exam and application paperwork for coverage types and amounts (including financial justification).
Issue Policy
Buy-sell life insurance and disability insurance policy is issued, premium is paid, and manage the policy as the business evolves.