Disability Buy-Out Insurance

How it Works

A need is created for the business if you or a partner(s) were to become disabled. A buy-sell agreement establishes a predetermined business price and a buyer for the business interest. Disability buy-out insurance is commonly used to help provide the funding needed for the buy-sell agreement.

Advantages

• Assures a definite price and buyer under mutually agreeable conditions.
• Creates an automatic market price for the business interest.
• Assures customers, creditors and employees of business continuity.
• Active owners retain business control.
• Assures funds are available to execute the purchase.