Producers who work closely with business owners most likely have discussed plans to continue their clients’ businesses in the event of death. A natural extension of this planning is to make business clients aware of two equally important needs that are often overlooked.
While many business owners plan for the survival of their businesses in the event of death, many don’t consider the effects of disability on the firm’s future. Or, like many of us, they just don’t believe they will ever become disabled.
Two types of coverage can help. Disability buy-out