Disability Insurance For a Buy/Sell Agreement

>> Friday, January 02, 2009

Partners should consider disability insurance as a part of the funding of a buy/sell agreement. This is in addition the life insurance you are (hopefully) buying. What is the impact of the loss of a key employee to your company? Look at your most skilled staff. What happens if Joe is disabled for 6 months? How will your business be affected? Life insurance and disability insurance can ease the financial burden.

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Scott Simmonds fixes broken insurance, uncertain coverage, and painful premiums. He consults on, but never sells, insurance.

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