Calvin and Gloria each own 50 shares of the 100 shares of CG Inc., a home appliances company. They recently implemented a buy-sell agreement, which states that the company will redeem the deceased shareholder's shares if one of them dies. The redeemed shares will be cancelled and the surviving shareholder will then own 100% of the company's shares. What type of insurance should be recommended to fund this buy-sell agreement?  

Answer rating: 100% (QA)

To fund the buysell agreement a type of insurance called ... View the full answer