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PDFBusiness Planning Options
Key Employee Insurance
Most of our clients have employees that are critical to the profitability and success of their business. Key employee insurance protects your business by reimbursing your company for the economic loss caused by the death of a key employee.
Buy-Sell Agreement
A buy-sell agreement can prevent an owner from selling his/her interests to an outside party without the consent of the other owners.
There are a number of ways to fund a buy-sell agreement:
- Setting aside cash from your earnings
- Borrow money to fund the agreement
- Utilize a life insurance policy to guarantee the buyout funds
Talk to your agent today about why life insurance is a sensible, efficient, and economical way to protect your business and fund your buy-sell agreement.