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.
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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