A partnership implements a buy$-$sell agreement that provides that each partner will purchase and be the beneficiary of a life insurance policy on every other partner. If a partner dies, the surviving partners will use the proceeds of the insurance on that partner's life to buy out the deceased's share of the business. What kind of buy$-$sell agreement is this?

A$)$ Stock redemption

B$)$ Cross$-$purchase

C$)$ Split dollar

D$)$ Entity