Secure the future of your business with buy-sell agreement insurance


A buy-sell agreement is a binding contract between business partners about the future ownership of the shared business. It is often funded by life insurance taken out on the participating parties. This type of agreement is utilized to help control business decisions concerning:

  • Who can buy a departing partner's or shareholder's share of the business
  • What events will trigger a buyout
  • What price will be paid for a partner's or shareholder's interest in the partnership.

Vicary Insurance Agency in Erie, Pennsylvania can help create an efficient and fair agreement ensuring the stability and future of your business.