malaysia insurance sector

malaysia insurance sector
If there is no history of family ownership and family goodwill exists. The best way is on the sale of the company by selling pre-funded buy-sell agreement, the asset value if an employee (s ) has shown the interest and ability to continue the business. Upon completion of the agreement, life insurance should be purchased to meet the agreed purchase price.
The purchase of sale agreement between the owner and employees may also lead to a split-dollar arrangement. At the time of death, in this Agreement, provided funds for the Buy-Sell Agreement. For retirement before his death, the cash surrender value can contribute to pension funds.

The purchase of sale agreement of this kind is the best solution for individual businesses, because of the following factors:

1. A qualified buyer for the company is established and the owner is assured that the family will receive a fair price for the company

2. The business is stabilizing. Customers, suppliers and creditors, aware that the plans have been implemented for the proper continuation of the business owners.

3. All employees will be retained. Instead, finally, from a competitive economy and the workers will be eager to create a better work for the employer.

The employer-employee buy-sell agreement can be beneficial to the estate and heirs:

1. The property receives full value for the company immediately and shall be quick and efficient

2. The family is relieved of the economic worries.

There are also many advantages for employees:

1. No need to fear the loss of jobs after the death of the owner and guaranteed funds for the purchase of the business exactly the time needed.

2. Distance from the burden of interest payments and principle payments typical for all other forms of financing.

3. You must not overlap with interference by executors who have particularly with the interest of the beneficiaries.

I hope this information helps. If you need more information about this topic, please visit my website at:

Kyle J. Norton
http://medicaladvisorjournals.blogspot.com/
http://businessinsuranceii.blogspot.com

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I have been studying natural remedies for prevention for more than 20 years and works as a Financial Consultant since 1990