Buy-Sell Agreement
Buy-Sell Agreement Life Insurance
Buy-sell agreement life insurance facilitates the seamless transition of ownership in a business in the event of a partner’s death or departure from the company. It provides financial security and a safe legal strategy for partnerships or closely-held corporations.
Eber & Associates can help you protect your business — and everyone involved — with carefully selected and customized buy-sell agreement life insurance.
Types of Buy-Sell Agreement Life Insurance
Companies can choose from two main types of buy-sell agreement life insurance policies:
Benefits of Buy-Sell Agreement Life Insurance
The type of buy-sell agreement life insurance policy that is best for you depends on factors such as the size of the business, the number of owners, and the financial resources of the owners. The advantages of this kind of insurance include:
Protecting the Business
Buy-sell agreement life insurance helps ensure that the business remains in the hands of the surviving owners and does not have to be sold to outside investors. This protects the value of the company and the jobs of the employees.
Providing Liquidity
The death benefit from a buy-sell agreement life insurance policy can provide liquidity to the estate of the deceased owner, which can help pay off outstanding debts and provide financial support for the family.
Customization
Policy holders can customize the coverage amount, policy structure, and terms to align with their business’ unique size, structure, and personal preferences of the owner.
Reducing Taxes
In some cases, the death benefit from a buy-sell agreement life insurance policy may be eligible for estate tax or income tax deductions.
Eber & Associates: Your Buy-Sell Agreement Insurance Experts
Protect your business and your family while making sure your business remains financially secure. Eber & Associates can help you determine the best type of policy for your needs and budget.
We offer a wide variety of customized insurance plans for both businesses and individuals. Eber & Associates can help you find the just-right coverage for life through life.
Custom Insurance the Smart Way
When it comes to custom insurance solutions, you need a team you can trust to help you find the perfect fit. Let Eber & Associates guide you to a more secure tomorrow with the care, coverage, and confidence you deserve.
