Provides dollars for
the purchase of an Ownership Interest and an Orderly Transfer When a Lengthy
Disability Removes an Owner from the Business.
The loss of the services of one of the Active Owners
of a Business will place a substantial burden upon the remaining working
owners.
Disability Buy-Out Insurance is designed to help provide
funds toward the purchase of a disabled partner's ownership interest when,
due to a lengthy disability, he or she is longer capable of being a productive
member of the team.
By purchasing Disability Buy-Out Insurance before disability
strikes, the business can provide a solution to one of the most difficult
dilemmas that any business is likely to ever have to face.
Benefits begin after 12, 18, or 24 Months of Total Disability
in accordance with the terms of the Buy-Out Agreement.
Benefits may be paid either in a Lump Sum, or in Monthly
Installments over 12, 24, 36, 48, or 60 Months, or some Combination of
lump sum with installments.
For more information on Disability
Buy-Out Insurance, or for a Proposal for one
of your better clients please complete our Questionnaire which follows: