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Protect Your Business, Your Partners, and Your Legacy

At Insure Connecticut LLC, we help business owners structure and fund buy-sell life insurance agreements that protect ownership, stabilize operations, and keep your company in the right hands. If you own a business with partners, this isn’t optional protection—it's strategic planning.

What is Business Agreement Solutions?

Business Agreement Solutions are structured legal and financial plans designed to protect multi-owner businesses in case an owner dies, becomes disabled, retires, or exits the company. These solutions typically include:

  • Buy-Sell Agreements – Funding the purchase of ownership shares when an owner leaves

  • Key Person Insurance – Protecting the business from revenue loss if a key executive is unavailable

  • Disability Buy-Out Insurance – Ensuring funds are available if an owner becomes disabled

  • Business Succession Planning – Smooth transition of ownership and management

 

In short, business agreement solutions prevent disputes, protect business continuity, and safeguard both owners’ and the company’s financial interests.

Why Business Agreements Matter More Than You Think

A handshake isn’t a succession plan.

Many businesses operate without a properly funded agreement. When a partner passes away, becomes disabled, or exits unexpectedly, surviving owners may face:

  • Forced liquidation

  • Family members inheriting ownership

  • Internal disputes

  • Massive tax exposure

  • Business credit disruption

 

A properly structured agreement backed by life and disability insurance funding eliminates uncertainty and protects everyone involved.

Our Core Business Agreement Solutions

We structure and fund agreements using strategic life and disability insurance planning — including access to leading brokerage platforms like Crump Life Insurance Services, a nationally recognized insurance distributor offering advanced underwriting and disability insurance solutions.

1. Buy-Sell Agreement Funding (Life Insurance)

A buy-sell agreement outlines what happens if an owner dies, becomes disabled, or leaves. We structure funding using:

  • Cross-Purchase Agreements

  • Entity-Purchase Agreements

  • Hybrid Agreements

 

Life insurance ensures there is immediate liquidity to buy out the departing owner’s shares without draining company assets.

2. Disability Buy-Out Coverage (Including Crump Disability Insurance)

Death isn’t the only risk. Long-term disability is statistically more likely during working years — and it can be financially devastating to a multi-owner company.

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We provide access to Crump Disability Insurance solutions, which offer:

  • Disability Buy-Out Insurance

  • Business Overhead Expense (BOE) coverage

  • High-limit disability policies for executives

  • Advanced underwriting for complex risks

 

Disability buy-out insurance provides funds if an owner becomes permanently disabled and must exit the business. Instead of draining reserves or taking loans, the policy provides structured payouts to fund the ownership transfer.

This protects:

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  • The disabled partner (who receives fair value)

  • The remaining partners (who maintain control)

  • The company’s cash flow

3. Key Person Insurance Protection

Some people are simply irreplaceable. If a key executive or founder dies or becomes disabled unexpectedly, revenue, operations, and lender relationships can collapse.

We structure key person coverage using both life and disability insurance strategies to provide:

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  • Immediate capital to stabilize operations

  • Funds to recruit replacements

  • Protection for business loans

  • Confidence for investors and banks

4. Business Succession Planning

Whether retirement is 5 years away or 20, a structured transition plan:

  • Protects valuation

  • Reduces estate complications

  • Prevents ownership disputes

  • Maintains client confidence

 

We integrate life and disability insurance into succession strategies so ownership transitions happen smoothly — not under financial pressure.

Who Needs Business Agreement Solutions?

  • Multi-owner LLCs

  • Partnerships

  • Closely held corporations

  • Professional firms (CPA, law, medical)

  • Construction companies

  • Family-owned businesses

 

If more than one person owns equity, you need a funded agreement.

Why Work With an Independent Insurance Broker?

As an independent broker, we:

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  • Compare multiple carriers

  • Access national brokerage platforms like Crump

  • Design cost-efficient life and disability funding strategies

  • Structure policies for tax efficiency

  • Coordinate with your CPA and attorney

  • Serve Connecticut and multiple licensed states

 

You don’t get limited to one carrier’s underwriting rules — you get market access.

Frequently Asked Questions:

What is disability buyout insurance?

Disability buy-out insurance provides funds to purchase a disabled owner’s share of the business if they can no longer work long-term.

Why use Crump Disability Insurance?

Crump provides access to multiple disability carriers, advanced underwriting, and high-limit executive disability solutions that may not be available directly through one company.

Do we need both life and disability funding?

Yes. A comprehensive agreement should address both death and disability risks to prevent funding gaps.

How much coverage do we need?

Coverage is based on business valuation and ownership percentage. Disability buy-out amounts are structured based on agreement terms and expected payout periods.

Business Agreement Solutions for Multi-Owner Businesses

You’ve invested years building your company. Don’t let death or disability put it at risk.

Let’s design a business agreement solution—funded properly with both life and disability insurance—so your company remains stable no matter what happens.

Helpful Blogs about Life Insurance

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