Buy Sell Insurance
Buy Sell Insurance
You work hard to create the business you have. You worked long hours and weekends and even take calls when you are on your family vacation. This business is what makes your living, its how you chose to live your life.
What would happen if you were to pass on, would your business survive? If you have partners can you count on them to keep what you worked so hard for alive?
Buy sell insurance will help keep your business going and if you have partners it will keep the profits coming in. If you do get buy sell insurance than you can expect the following:
Your heirs:
- Free of business worries and are guaranteed to receive a fair price for the sale of the business
- Possibly avoid delays with probate
Surviving owners:
- Not have to worry about new partners
- Know the purchase price of the business beforehand
- Remain in good standing with creditors and clients
With most Buy-Sell agreements, the surviving partners are required to buy your shares and retain control. Buy-Sell insurance, then, works to provide the means of making that happen. Call us today to get started!