Decision Tree Insurance

Category: Employee Benefits

Buy-Sell Agreement Life Insurance vs. Executive Bonus Plans

A hand-drawn stick figure diagram on a white background illustrating two business insurance strategies. On the left, two figures shake hands beneath a stylized shield and money bags, with a "Buy-Sell Agreement" document between them. On the right, a figure holding a briefcase walks away, but is tethered by a chain to a floating handcuff and a large key, representing a Section 162 executive bonus retention plan.

You’ve built a business that generates reliable revenue, but two quiet liabilities likely keep you up at night: what happens if a partner unexpectedly passes away (or becomes permanently disabled), and how do you prevent your most critical executives from jumping ship to a competitor? Consider Mark and Sarah, a composite of clients we see […]