Life insurance funding in a buy-sell agreement

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Reference no: EM131052479

Advantages of using life insurance funding in a buy-sell agreement include all of the following except:

a. the event that creates the need for cash also results in the cash becoming available b. the cost is relatively low c. premiums to keep the coverage in effect are deductible as a business expense d. survivors of the deceased shareholder can be freed from financial dependence on a business that has just lost a key employee

Reference no: EM131052479

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