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In Business / College | 2025-07-04

Which two insurance products are commonly used to fund buy-sell agreements?

A. Life insurance and disability insurance.
B. Life insurance and deferred compensation.
C. Disability insurance and deferred compensation.
D. Disability insurance and Long-Term Care insurance.

Asked by 1jacobk

Answer (2)

The two commonly used insurance products to fund buy-sell agreements are life insurance and disability insurance. Life insurance provides a payout upon a partner's death, allowing for their stakes to be bought out. Disability insurance offers income replacement if a partner can no longer work due to a disability, facilitating the buyout process.
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Answered by Anonymous | 2025-07-04

The two most commonly used insurance products to fund a buy-sell agreement are life insurance and disability insurance . These products ensure that the necessary funds are available for business buyouts following a partner's death or disability. Utilizing these insurance options helps maintain the business's continuity during challenging times. ;

Answered by GinnyAnswer | 2025-07-04

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