Buy/Sell Agreement Life Insurance

Buy/sell agreement life insurance is crucial for any business partnership. It provides a financial safety net, ensures business continuity, and offers peace of mind. Secure your business’s future and protect your partnership with a comprehensive buy/sell agreement.

A Buy and Sell Agreement is a legal contract that ensures a smooth business transition when an owner departs due to death, disability, or retirement. It prevents conflicts, ensures continuity, and provides financial stability. In a partnership, both owners hold life insurance policies on each other. If one passes away, the surviving partner uses the death benefit to buy the deceased’s share, securing the family’s finances and the business’s stability.

Features and Benefits

Control

The policy owner retains full control over the funds.

Guaranteed Minimum Floors

IULs provide guaranteed minimum floors of 0%, which keep the principal safe.

Lifetime Insurance Coverage

Your child’s life insurance remains guaranteed, ensuring coverage even if they become uninsurable later

Tax-advantaged Growth

The cash value of the policy grows tax-deferred, meaning that no tax is due on the gain.
The cash value in an IUL can be accessed tax-free!

Flexibility

As time passes, IUL policies offer flexibility to adjust benefits and premiums to fit your changing financial needs.

Accumulating Cash Value

Monthly premiums in your child’s IUL policy grow cash value and compound over time. This savings tool can fund expenses from college to retirement, starting just weeks after birth

Financial Security in the Future

Financial security today goes beyond basic savings. Amid market shifts, inflation, and job changes, investing early harnesses compound interest. Including life insurance in wealth-building diversifies investments effectively

Wealth-Building

Investing a minimum $99 monthly in an Indexed Universal Life (IUL) policy for your child can generate an annual tax-free retirement income stream of $118,132, depending on the starting age

Peace of Mind

Offers security and clarity for both partners and their families.

Cash Payment

Provides a financial payout to the deceased’s family.

Death Benefit

The surviving partner receives a death benefit to purchase the deceased partner’s share.

Mutual Policies

Both partners own life insurance policies on each other’s lives.

Living Benefits

The cash value from an IUL can be utilized for various purposes beyond retirement

Lifetime Insurance Coverage

Your child’s life insurance remains guaranteed, ensuring coverage even if they become uninsurable later

Tax Advantages

The cash value in an IUL can be accessed tax-free!

Flexibility

As time passes, IUL policies offer flexibility to adjust benefits and premiums to fit your changing financial needs.

Accumulating Cash Value

Monthly premiums in your child’s IUL policy grow cash value and compound over time. This savings tool can fund expenses from college to retirement, starting just weeks after birth

Financial Security in the Future

Financial security today goes beyond basic savings. Amid market shifts, inflation, and job changes, investing early harnesses compound interest. Including life insurance in wealth-building diversifies investments effectively

Wealth-Building

Investing a minimum $99 monthly in an Indexed Universal Life (IUL) policy for your child can generate an annual tax-free retirement income stream of $118,132, depending on the starting age.

FREQUENTLY ASKED QUESTION

To provide you with the information you need quickly and easily.

More Questions? We have answers.

Life insurance can be complicated. Luckily, we’re always here to help.