Exam term
Cross-purchase plan
A buy-sell funding arrangement in which each business owner personally owns a life insurance policy on each of the other owners.
Lessons that use this term
- Life insurance needs analysis for individuals and businesses Florida
- Life insurance needs analysis for individuals and businesses New York
- Business uses of health insurance: key person, overhead expense, and disability buy-out New York
- Third-party ownership of life insurance Texas
- Life insurance needs analysis for individuals and businesses Texas