Buy-Sell Disability
Our Buy-Sell Disability insurance solutions provide business owners with financial protection if a disability occurs, facilitating a smooth transfer of ownership when an owner can no longer participate. These solutions help clients secure the funds necessary for the remaining partners to buy out the disabled owner’s share, ensuring business continuity.
- Seamless Ownership Transition
- Provides the necessary funds for a buyout, ensuring a smooth transition of ownership without disruption to the business.
- Financial Stability
- Protects the business and its stakeholders by preventing financial strain from a disabled owner’s exit.
- Minimizes Conflict
- Clearly outlines and funds the buyout agreement, reducing potential disputes among remaining owners or stakeholders.
- Tax-Advantaged Benefits
- The death or disability benefit is typically tax-free, helping the business secure the full amount needed for the buyout.
- Preserves Business Continuity
- Allows the business to continue operating without interruption by ensuring that ownership remains stable even in the event of a permanent disability.
- Customizable Coverage
- Tailored options to meet the specific needs of the business and its ownership structure.