Disability Buy-Sell

Disability Buy-Sell in Cedar Rapids IA, Iowa City IA, and across the state and country.

If your business partner becomes disabled and is unable to pull his or her weight, yet continues to draw a salary, how will you feel in six months or one year? Can you do the work of two people for an extended period of time and what will this do to your cash flow? These type of situations result in strained personal and financial relationships. How can a partnership be proactive to these type of situations occurring?

A disability buy-sell policy protects partners while saving businesses and relationships.

Disability buy-sell insurance policies are designed for small businesses with partners or several owners. It enables a company to remain operational if one of the owners becomes disabled.

The disability buy-sell policy provides cash for another owner to purchase the disabled insured’s share of the business. This policy does not replace income, rather it protects the business. The disabled owner receives his value of the business and the business remains operating and financially stable.