What Is A Disability Buyout Policy?

I recently co-founded a marketing agency and a friend suggested we look into this.

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    Kelly Moser
    Social Media Strategist, Disability Insurance Services, California
    Disability buy-out policies (also called buy-sell policies) help small business that have partners or more than one owner.  It helps a company stay operating in the event that one of the owners becomes disabled from a sickness or injury.  The policy gives cash to one owner to purchase the disabled owners share of the business.  Basically, the disabled partner will receive his value of the business and the business can still function and remain stable.
    Answered on September 17, 2013
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