What to do - business partner can't qualify for Life Insurance

[Debbie Richards]

What other strategies are there when your business partner can't qualify for life Insurance? We have an operating agreement and a buy and sell doc. This is a new partnership and not much equity in our 2 properties to really allow the other partner to REFI to pay off the surviving partners significant other. Just thinking ahead while the company is in its infancy. @Mindy Jensen

[Chris Webb]

Hi @Debbie Richards. I have an insurance license from a previous career (not sales) and I know that you may have to talk to several insurance people, If you need a referral, let me know. There are lesser known, but still reputable insurance firms that can insure people who have been rejected.