A “Buy Sell Agreement” is an agreement under which one party in a business agrees to buy another party’s ownership interest in the business at death. Buy sell agreements usually occur between partners, but may be established between investors, shareholders and may also be used by key employees who wish to purchase the business they work for in the event of an owner’s death.

If you are applying for health insurance – whether as an individual or as a company – you will be gathering together your medical history and hunting down the contact information for your medical providers anyway – so why not check on your other health related coverages at the same time?