Have you ever looked at a sample of insurance agency listings and wondered if it was time to have your business added to one of them? Thankfully, you can always reach out to a professional who can assist you with the sale of your insurance agency. They can offer you more flexibility and creativity to ensure a smooth transaction.
Selling Your Insurance Business?
Cash Out Over Time
Are you getting ready to retire? Then cashing out over time is something you’ll want to do. This will be a perfect fit if you know that you’re done and that you don’t have any plans to get back into the business.
Cashing out is also the best move if you’re not looking to get a lump sum upfront, but are more interested in a guaranteed income and good value on your book for a definite period of time.
Cash Out Immediately
You can also choose to get one lump sum upfront if you don’t want to get a payment over four to five years. Although most people may prefer the option of cashing out over time, others may think that it makes much more sense if they get paid all at once. This works perfectly for those who want to make sure that their family and customers are taken care of.
For instance, you’ll most likely go for an upfront buyout if you’re planning to relocate to a different state. Furthermore, if you’re dealing with a health issue and you don’t intend to leave your family with the business, you can leave them with the money if you cash out immediately.
Add Your Business on Our Insurance Agency Listings
Are you looking to sell your agency? Get in touch with the team of experts at Energia Consulting Partners LLC today. You can count on us to offer you a well-established approach to the agency sales process.