Funding a Buy-Sell Agreement with Life Insurance

Having a buy-sell agreement in place can make transitioning ownership of a business much smoother. Life insurance can play an important role in the transition by providing funds to surviving business owners without them having to worry about borrowing funds at expensive interest rates, liquidating business assets, or using personal property as collateral to fund the purchase.

From heirs of a business who may not want an ownership role, to preventing a sale of shares to a competitor, a buy-sell agreement funded with life insurance has multiple benefits for business continuation. Talk to your financial professional today about funding a buy-sell agreement with a life insurance policy from Midland National.