Business Owner Protection > Disability Insurance
This type of policy allows for the payment of regular monthly income or a predetermined lump sum amount int the event of a disability due to an accident and/or illness. The cash flow from this plan can compensate the owner or its employees which relieve any financial stress on the business due to the inability of this person to continue to work.
There are also disability programs which allow for coverage for overhead expenses and in some cases a lump sum payment to provide the necessary cash to buy out a disabled business partner.
If you would like to explore how a disability program may provide security and safety to you and your operation, please contact me here