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Buy and Sell Agreement Insurance

services 13 min

We understand that starting and growing a business is not an easy task, years of hard work, commitment and dedication is essential to enable your business to prosper. If you wish to secure your business, family and employees after your death, a buy and sell agreement insurance can be an ideal option.

A buy and sell agreement is a legally binding agreement between co-owners or shareholders. In case one of the co-owner dies or decides to leave the business, the surviving partner can buy the remaining shares of the business. For more information about our buy and sell agreement insurance, please get in touch with us now, we are here to help you with all your needs.

Benefits of investing in a buy and sell agreement

Investing in a buy and sell agreement plan not only benefits the family of the deceased, but it also prevents the company from suffering from financial losses. It also provides coverage for permanent disabilities or medical trauma. You can rely on our team of experts to provide advice regarding all aspects of your insurance, for more details about our services, speak to a member of our team now.

Professional insurance agents

Investing in a buy-sell agreement policy is an important aspect of the business planning. Due to an unfortunate incident if your partner is unable to run the business, this insurance can help you protect your business better. Our experienced life insurance will can walk you step-by-step through the process, we will help you choose the right insurance and make an informed decision.

Why choose buy and sell agreement

  • It can help protect your business
  • May help generate cash
  • Helps protect your employees
  • Helps safeguard your family against financial crisis

Reliable and reputable insurance company

We are a well-established and reputable insurance company offering a wide range of services. Whether you need advice regarding how to invest in a buy and sell agreement or need assistance with any paper work, our team is here for you. All you have to do is discuss your requirements with us and our team will do the rest. Our team works hard and strives to offer complete customer satisfaction, we have years of experience in this line of business, you can rest assured that you will get quality services at all times.

Establishing a fair price

The buy sell agreement insurance Brampton can help you establish a fair selling price in advance. Under unfortunate circumstances such as if one of the partners passes away, it may become inevitable for his family to sell, his share. By agreeing to the price in advance, there is no scope for negotiation.In case if there are differences with your business partner and you wish to dissolve the business. The buy-sell agreement can also act like a prenuptial agreement.

FAQ

A buy and sell agreement is a legally binding agreement between co-owners or policyholders. In case one of the co-owners dies or decides to leave the business, the surviving partner can buy the remaining shares of the business.

This helps the business move smoothly if any owner or shareholders die. The share of that person’s transaction without any hassle insurance buys it out.

Cost depends on different factors. We can help you with a quote.

Yes, the partnership allows deducting the buyout payments, which means your partners will benefit from tax savings.

No, as per state law, it is not accepted.

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Lalit Kumar

Mrs. Harpreet Puri is always friendly and professional and answers all of our questions with infinite patience. Helped us a lot in our health insurance. She is the best advisor.

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Maninder Bihla

Wonderful personality and very professional lady . Best knowledge of all the product and I m so happy with her service. Thankyou

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Karam Sandhu

Wonderful Personality. She has a good knowledge of insurance and also gives you variety of options to work with your budget. I will recommend her for your insurance needs.

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