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Disability By-out Insurance
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.
Click here to get a FREE Disability Buy-out Insurance quote.
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Sunrise Agency 2285 Route 112 Medford, NY 11763 Phone 631-289-2777
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