Disability Buy Out
Provides cash for a business owner to purchase a disabled owner’s share of the business. Up to three (3) million dollars is available with standard carriers and higher limits, and custom-designed plans available in the high-limit market.
Benefit periods: lump sum, 24, 36, and 60-month payout
Elimination periods: 12, 18, and 24 months
Future insurability options are available. Simplified underwriting available.