Buy and Sell
Insurance
Protect Your Business. Plan Your Exit. Secure Your Legacy.
Buy and Sell Insurance helps business owners create a smooth transition by providing the funds needed to buy out a partner's share or provide for their family if something unexpected happens.
Ensures your business can continue operating without financial disruption.
Provides the necessary funds to buy or sell a business interest at a pre-agreed value.
Protects your partners, your family, and the future you've worked so hard to build.
What Is Buy and Sell Insurance?
Buy and Sell Insurance is a life insurance policy owned by the business or the partners to fund a buy-sell agreement. If an owner dies, becomes disabled, or wants to leave the business, the policy provides the funds needed to buy their share according to the terms of the agreement.
Why It Matters
- Avoids disputes among partners and with family members
- Ensures a fair and smooth transfer of ownership
- Provides immediate liquidity when it's needed most
- Helps maintain business value and stability
- Shows lenders and investors you're a well-prepared business
How Buy and Sell Insurance Works
It's simple to protect your business in 3 easy steps.
Define how the business will be valued and what happens if an owner exits, retires, dies, or becomes disabled.
The business or owners purchase a policy on the life of each owner based on the agreement.
If a triggering event occurs, the policy pays out and the funds are used to buy the owner's share as outlined in the agreement.
Key Benefits
Keeps your business running smoothly without financial stress or uncertainty.
Ensures remaining owners can buy the share at a fair pre-agreed price.
Provides cash when it's needed most—without affecting business cash flow.
Helps maintain the value you've built and protects your legacy.
Provides financial security for your family and your loved ones.
Who Should Consider Buy and Sell Insurance?
Ensure a smooth transition if a partner passes away or wants to leave.
Protect the company from losing critical ownership or leadership.
Provide a clear plan for ownership changes and buyouts.
Ideal for law firms, medical offices, and CPA firms with multiple owners.
Keep the business in the family and avoid costly disputes.
Frequently Asked Questions
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