No buyout agreement? Their estate inherits their share. Now you negotiate with their lawyer — over a business they know nothing about.
If they die tomorrow, their share goes to their family. Their family is now your business partner. Are you ready for that?
Without a funded agreement, one death can trigger a forced sale, a legal battle, or both.
A handshake doesn't fund a buyout. Life insurance does.
One call. 15 minutes. You leave with a clear picture — whether you work with us or not.
Fully underwritten coverage for every partner — approved in minutes, no exams.
A buy-sell funded by the wrong policy is a ticking clock. We structure it to survive the scenario it's built for.
Results may vary. Individual coverage depends on health, age, and underwriting.
We evaluate your business structure, ownership stakes, and current agreements.
Cross-purchase or entity purchase — we build the right structure with the right funding.
Each partner is insured. If someone exits, the buyout is funded automatically.
A buy-sell agreement is a legally binding contract between business co-owners that defines what happens to a partner's share of the business if they die, become disabled, or leave the company. When funded with life insurance, it ensures the remaining partners have the cash to buy out the departing owner's share at a pre-agreed valuation.
Each partner is covered by a life insurance policy. When a triggering event occurs — typically death — the policy pays out a death benefit that the remaining owners or the business entity uses to purchase the departing owner's share. This avoids the need to liquidate assets, take on debt, or bring in unwanted outside partners.
In a cross-purchase agreement, each partner owns a policy on the other partners. In an entity purchase (stock redemption), the business itself owns the policies and buys back the departing owner's share. Cross-purchase works well for 2-3 partners. Entity purchase is simpler when there are many partners.
It depends on the coverage amount and the health of the insured. For smaller policies, many carriers offer no-exam underwriting. For larger policies — common in buy-sell situations — a brief medical exam may be required. We tell you upfront what to expect for your specific situation.
The buy-sell agreement should specify a valuation method — fixed price (reviewed annually), formula-based (such as a multiple of earnings), or independent appraisal at the time of the event. The life insurance coverage amount should match or exceed this agreed-upon valuation.
Whether you're looking for coverage or looking to build something meaningful — we're here.
Choose a time that works for you — no obligation, no pressure.
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