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IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 29 Topic 3 Discussion

IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 29 Topic 3 Discussion

LLQP Exam Topic 3 Question 29 Discussion:
Question #: 29
Topic #: 3

Gabe and Martine are partners in a successfully run clothing company. They have a current buy-sell agreement in place which outlines how their respective share of the business is to be sold/purchased should one of them, or both of them, pass away. They have come to John, their financial advisor, to help them purchase life insurance as they understand this is the most efficient way to fund this arrangement.

What are some strategies through which the buy-sell agreement could be funded?


A.

1, 2 and 3


B.

1, 3 and 4


C.

2 and 3


D.

1 and 3


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