Homework / test English to Greek Bus/Financial Finance (general)

An ‘Insured Living Buy-Out’ is a strategy often used during the transition of a business from one generation to the next. Providing not only the method but also the financial vehicle from which the funds will be generated, the Insured Living Buy-Out is often the core of the Business Succession Plan. It allows for a smooth transition by providing a retirement income for the original owners and allows the new owners to be assured of a fair price.