Disability Buy Sell
Disability buy-sell insurance policies are for small businesses with partners or several owners. It allows a company to remain operating if one of the owners becomes disabled.This policy is often grouped with an individual disability policy
The disability buy-sell policy provides cash for another owner to purchase the disabled insured’s share of the business. The benefits of this policy are twofold, the disabled owner receives his value of the business and the business remains intact and fiscally stable. This policy does not replace income, rather it protects the business. |
