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Jim O'Connor is an independent life insurance agent with more than 27 years experience helping people secure the best rates on term life insurance available. Read more...
With a cross-purchase buy-sell agreement with term life insurance, you can ensure that your company continues even when one of the partners dies. Buy-sell insurance is used when two or more owners enter into a buy sell agreement that details what happens when one partner dies or is disabled. This buy-sell life insurance that each partner pays for on the others is used to buy the business interests of the partner who has died. To find the right term insurance for buy-sell agreements, just email me or call at 1.800.799.0903 about those wanting insurance, and I will find the best term life insurance quotes.
Buy-sell agreements with term life insurance helps keep the price of insurance down while being written for 20 or 30 years to ensure the policies continue as partners may experience new health challenges as they grow older. Such a buy-sell agreement with term life insurance is a valuable asset, especially if your health has worsened or rendered you uninsurable. If your business is ending, your buy-sell insurance policies can usually be taken over personally and maintained by individual partners. This buy-sell agreement with term life insurance also obligates the deceased's family to sell the business to surviving owners and provides immediate funds to complete the purchase. Now is the time for buy-sell insurance to protect your business in case of an untimely death, and also this is the time to find competitive term life insurance rates with a favorable buyers' market.
You'll rest easy knowing you have the right amount of term life insurance for your buy-sell agreement.
Jim O'Connor, Life Insurance Agent
PO Box 832, Tiburon CA 94920
Tel: 1-800-799-0903 Fax: 415-435-2870 Email: info@term22.com
Copyright 2011 Jim O'Connor, Life Insurance Agent