Business Owners & Investors
Life insurance for business owners and real estate investors
Key person coverage, buy-sell agreement funding and protection for the loans on your investment properties.
Free Consultation
Protect the business and the portfolio you built
When a business owner, partner or key employee dies, the business can lose income, credit and customers at the worst possible time. For real estate investors, loans on rental properties still come due. Life insurance can provide cash when it is needed most.
Jay works with investors and business owners across Southern California on the real estate side, and as a licensed California life agent he can help you look at coverage that fits your plans. He will also coordinate with your attorney and CPA on agreements and tax questions.
- Key person coverage for owners and top employees
- Funding for buy-sell agreements between partners
- Coverage sized to investment property loans
- Coordination with your attorney and CPA
Prefer to talk? Call or text (949) 822-8702.
Jay Romero, CA Insurance License #0C93169 · DRE 01343079
Licensed CA Life Agent
CA Insurance License #0C93169
Over 25 Years
in Southern California real estate
Bilingual
English & Español
Free Consultation
No cost and no obligation
Key person
Key person life insurance
With key person coverage, the business buys and owns a policy on an owner or employee whose work drives revenue, and the business is the beneficiary. If that person dies, the benefit can help cover lost income, recruit and train a replacement, reassure lenders and customers, or pay down business debt.
The right amount is often tied to that person’s contribution to profits, the cost to replace them, and any loans they guarantee. Jay can help you think through the numbers, and your CPA can advise on how the premiums and proceeds are treated for tax purposes.
Buy-sell agreements
Funding a buy-sell agreement
A buy-sell agreement spells out what happens to an owner’s share of the business if they die. Life insurance is a common way to fund it, so the surviving owners have cash to buy the share and the family receives a fair price without a forced sale.
In a cross-purchase plan, each owner owns a policy on the other owners. In an entity-purchase (redemption) plan, the business owns the policies. Your attorney drafts the agreement; Jay helps match the coverage to it.
Real estate investors
Life insurance for real estate investors
If you own rentals, flips or a small multifamily building, your family may inherit both the properties and the loans. Life insurance sized to those loans can give your heirs time to decide whether to keep, refinance or sell, instead of selling in a hurry.
For partners who own property together through an LLC, life insurance can also fund a buyout so the surviving partner keeps the property and your family receives your share in cash.
Is It Right for You?
Who this coverage is a good fit for
- Business owners with partners
- Companies that depend on one or two key people
- Real estate investors with financed properties
- Partners who hold property in an LLC
Not sure how much coverage you need? Start with the free calculator, then talk it through with Jay.
Work With Jay
The same person you trust with your home
Jay Romero has over 25 years of Southern California real estate experience helping buyers, sellers and investors. He is also a licensed California life insurance agent (CA Insurance License #0C93169), so you can plan for your home and your family’s protection with one person you already know.
- Licensed California life insurance agent
- Over 25 years of real estate experience
- Clear answers with no pressure
- Bilingual service in English and Spanish
How It Works
Get covered in three simple steps
01
Consult
A quick call about your family, your home and your goals. No cost and no obligation.
02
Compare options
Jay explains the policy types and coverage amounts that fit your budget, in plain language.
03
Apply & protect
Jay helps with the application. Coverage begins once the carrier approves it and the policy is issued.
Questions
Frequently asked questions
What is key person life insurance?
It is a policy the business owns on an owner or key employee, with the business as beneficiary. The benefit helps the business cover lost income, replacement costs or debt if that person dies.
How does life insurance fund a buy-sell agreement?
Each owner, or the business, holds a policy on the owners. If an owner dies, the benefit provides cash to buy that owner’s share from the family at the price set in the agreement.
Should real estate investors have life insurance?
Investors with financed properties often use life insurance to cover the loans, so heirs are not forced to sell. The right amount depends on your loans, equity and family plans.
Is the premium tax-deductible?
Tax treatment depends on how the policy is owned and used. Talk with your CPA or tax advisor; Jay does not give tax advice.
Explore more coverage options
Life insurance overview · Term Life Insurance · Whole Life Insurance · Mortgage Protection Life Insurance · Final Expense Insurance · Living Benefits & Indexed Universal Life (IUL) · Life insurance calculator
Get Started
Ready to protect your family? Talk with Jay
Jay Romero, CA Insurance License #0C93169 · DRE 01343079
Miamar Realty · Call or text (949) 822-8702
Coverage is subject to underwriting and carrier approval. Policies are offered through Jay Romero’s licensed carrier appointments, including Farmers New World Life Insurance Company. Product features, riders and availability vary by carrier and state. This page is general information, not a quote, a contract of insurance, or tax, legal or investment advice.
