What is Buy-Sell Disability Insurance?

  1. 2180 POINTS
    Kelly Moser
    Social Media Strategist, Disability Insurance Services, California
    Buy-Sell Disability Insurance is commonly purchased by business owners to prepare for the financial burden of a partner’s disability.  The policy provides cash for another owner to purchase the disabled partner’s share of the business.  This policy does not replace income, but it does protect the business.  The disabled owner is able to sell his portion of the business and the business remains intact and fiscally stable.
    Answered on September 3, 2013
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