Buy-Sell Life
Buy-Sell Life coverage ensures business continuity by funding the buyout of a deceased owner’s share. It helps your clients protect ownership structure, ease transitions, and maintain financial stability.
- Seamless Ownership Transition
- Ensures a smooth transition of ownership, minimizing business disruption after the death of a key owner.
- Financial Stability
- Protects the business and its stakeholders by providing necessary funds for a buyout.
- Clear Buyout Terms
- Helps define and fund buyout agreements, preventing conflicts among remaining business partners.
- Liquidity for the Business
- Provides immediate liquidity to the business to purchase the deceased owner’s share without causing financial strain.
- Tax-Advantaged Benefits
- The death benefit is typically tax-free, ensuring that the business receives the full value to fund the buyout.
- Customizable Agreements
- Flexible coverage options that can be tailored to meet the specific needs of the business and its ownership structure.