CRM
Business Owner Suite
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Buy-Sell Designer
Key Person Valuation
Section 162 Bonus Plan
Business Info
Business name
Entity type
Business value: $3,000,000
Valuation method
Annual revenue
How was this business valued? Learn more ▾
Agreement Type
Entity Purchase
Company buys back. Fewer policies.
Cross-Purchase
Owners buy each other. Each owner controls.
Owners (2/6)
Add owner
Trigger Events
death
disability
retirement
divorce
bankruptcy
Buy-Sell Diagram
Owner A
50% · $1,500,000
Owner B
50% · $1,500,000
Total policies needed: 2
Coverage Detail
Owner
%
Coverage
Annual Premium
Type
Owner A
50%
$1,500,000
$7,599
10-Yr Term
Owner B
50%
$1,500,000
$7,860
10-Yr Term
Business Value
$3,000,000
Total Coverage
$3,000,000
Annual Premium
$15,459
% of Revenue
0.64%
How buy-sell funding works
▶ View Animation