Most gas station and C-store operations are family businesses — one owner wears five hats and multi-location succession is messy.
Store runs on employees without owner supervision. Theft and shrinkage spike. Cash flow drops 30–40%.
Disability income on the owner + Business Overhead Expense policy. Protects personal income AND business fixed costs during recovery.
Operational paralysis. Favoritism accusations. Eventual family-splitting sale at a discount.
Buy-sell structured around the specific locations each sibling wants. Life insurance funds the cross-purchase. Clear governance before conflict erupts.
Owner borrows against home or liquidates retirement savings to replace equipment.
Keep business-owner life/DI/BOE separate from equipment financing; coordinate with your P&C broker on business property coverage.
Indexed to 100 at year 1. Hand-set illustrative scenarios — not a projection.
Illustrative example — not a guarantee or projection. Individual business outcomes depend on industry conditions, carrier underwriting, state availability, and many other factors. Insurance and annuity guarantees are backed by the financial strength and claims-paying ability of the issuing carrier.
Carrier selection depends on your state, underwriting, and the specific product. Not an endorsement.
You've seen the playbook for your industry. A 15-minute call confirms which pieces (buy-sell, key person, 162 bonus) apply to your entity structure — no obligation.
