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chemist advice wealth strategist Josh Sterling here where I provide you with informative and educational content on all things related to orchestrating your wealth today were discussing cash value life insurance and how it can benefit small business owners by ensuring their Buy sell Agreements are properly funded too often I see underfunded Buy sell agreements or buy sell agreements funded only for death benefits using term insurance or lacking disability funding altogether so lets Dive Right In a buy sell agreement is a legal contract between business owners that outlines how ownership interests are bought or sold if an owner dies becomes disabled or exits the business for any reason these agreements help maintain business continuity and protect the remaining owners interests now theres two types of Buy sell agreements first you have the cross purchase agreement each owner buys a life insurance policy on the other owners when an event occurs the remaining owners use the funds to bu