Tier 2 Document Builder
Insurance Policy Escrow Agreement
Transform your succession plan from a theoretical promise into a funded reality. The builder manages cross-purchase policies and places funds in the hands of a neutral guardian so the deal actually closes.
Many partners think they're protected because their buy-sell says the company will purchase a deceased partner's shares. But a contract without guaranteed liquidity is an unfunded mandate—a promise on a check that might bounce when your family needs it most.
Without a clear mechanism, payouts can go to the wrong place or get used for debt. This builder automates the backend of your buy-sell so the right party holds the money and the transfer happens fairly.
Right Number of Policies
With multiple partners, the tool figures out how many policies you need
Who, carrier, amount—nothing missed
With multiple partners, the tool figures out how many life insurance policies you need and lists them (who, carrier, amount) so nothing is missed.
Enough Money When It's Needed
Compares what you'd owe to the total coverage you have
Warns if you're short so you can add coverage
It compares what you'd owe a partner's family to the total coverage you have. If you're short, it warns you so you can add coverage or plan ahead.
Someone Neutral Holds the Money
Warns if the holder is a partner or family member
Guided to a neutral party so money and stock transfer fairly
It warns if the person holding the policies or payouts is a partner or family member. You're guided to use a neutral party (e.g. a CPA or trust company) so when someone dies, the money and the stock transfer happen fairly.