Cross Purchase

Also known as a Buy-Sell agreement, a Cross Purchase agreement is a document that allows a company’s partners (or shareholders) to purchase the interest of a partner who passes. Under this type of agreement, life insurance is purchased on each partner to cover that individual in the event of death to replace what their unique contribution brings to their company.

Contact

  • 9040 Town Center Parkway Lakewood Ranch, FL 34202
  • (941) 704-3134
  • d.babecki@db3insuranceservices.com
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