Buy-Sell Agreement Insurance

Singapore Buy Sell Agreement

Buy Sell Agreement Insurance

Buy-Sell Agreement Insurance

A Buy–Sell Agreement, is also known as a Buyout Agreement, is a legally binding
agreement between co-owners of a business that governs the situation if a co-owner
dies or is otherwise forced to leave the business, or chooses to leave the business.

It may be thought of as a sort of premarital agreement between business
partners/shareholders or is sometimes called a “Business Will”. An insured Buy–Sell
agreement (triggered buyout is funded with life insurance on the participating owners’
lives) is often recommended to ensure that the buy–sell arrangement is well-funded and
to guarantee that there will be sufficient funds available when the buy–sell event is
triggered.

If you need more clarification and consultation on how a Buy-Sell Agreement Policy will benefit your business in Singapore, please feel free to contact us.

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