Buy-sell Agreements

Are you a co-owner or partner in a business? If so, you might want to plan for the future of your business by using life insurance to fund a buy-sell agreement.

A buy-sell agreement protects the business and the financial interests of each co-owner’s family if you or one of your co-owners passes away, retires, becomes disabled, or chooses to leave the business. Here’s how it works: either your company or the individual co-owners buy life insurance policies on the lives of each co-owner (but not on themselves).

Then, if you pass away, the policy owners (the company or co-owners) receive the death benefits from the policies on your life. Your family gets a sum of cash as payment for your interest in the business, and the rest ensures the continuity of the business. It’s a win-win situation.

Let’s talk about buy-sell agreements.


Key Man Insurance

In most small businesses, there are one or two key individuals who are difficult to replace. They know the business inside-out, spend lots of hours making the business succeed, and are crucial to its success. Maybe this person is you.

If you own and operate a small business, you need to think about what would happen if you were suddenly unable to perform these key tasks and take on these responsibilities because of illness, injury, or even death.

Key man insurance may be the answer.

With this option, life or disability insurance is placed on the person who is most crucial to the business. This policy provides funds to your business should that person be unable to continue in the key role. The benefits can be used to pay off debts (as a lender might insist on), finance losses, or keep things afloat until a replacement person can be found. Beneficiaries can also include the key person’s family members.

Let’s talk about key man insurance.



If you are a business owner, you know what hard work is all about. You’ve made plenty of sacrifices to build a successful company and provide a good standard of living for your family and your employees’ families. Clearly, you don’t want to put your business at risk.

Have you thought about using business loan/debt insurance to protect what you’ve put into your business?

Loan/debt insurances covers your business’s debts if you or another key employee becomes critically ill, suffers a disability, or passes away. This insurance ensures the company’s financial strength and continuity by providing cash to cover debt and meet financial obligations. You can rest easy knowing that even in a worst case scenario, your business will endure.

I can explain the different types of loan/debt protection available to you and help you decide which is best for your business.

Let’s talk about loan/debt insurance for your business.