Funded Buy-Sell Agreements
Buy-Sell Coverage is an agreement between business owners that protects the business transition plans if an principal dies or becomes incapacitated.
Buy-Sell Coverage is an agreement between business owners that protects the business transition plans if an principal dies or becomes incapacitated.
Your business relies on its partners or ownership team and if one of them becomes disabled or dies, the business is at risk. In some cases, the family of the deceased would prefer to cash out rather than to continue owning a part of the business. Possibly the remaining partner has plans to include the next generation in the business succession plan. Buy-Sell Coverage from FNIA allows all parties to be protected by giving them what they need to either continue the viability of the business or the funds to buy out business interests.
In addition to tailoring a policy that’s best suited to your unique business, First National Insurance Agency will share with you the benefits of its proprietary program, MyRiskManager™. The MyRiskManager™ process is a proactive insurance and risk management system designed to help clients stabilize costs and improve profitability. Through effective blending of people and technology, FNIA provides risk management as an outsourced function – eliminating the costs associated with a dedicated, internal function.
FNB offers a full breadth of products and services for your needs.
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Insurance products are sold by First National Insurance Agency, LLC and its licensed agents. Insurance products are:
Not FDIC Insured | No Bank Guarantee | May Lose Value |
Not Insured by Any Federal Government Agency | Not a Bank Deposit |
Subject to investment risks, including loss of principal amount invested. First National Insurance Agency is a subsidiary of F.N.B. Corporation.