1. Keeping a roof over your head. Your ability to work and earn an income is your most valuable asset. . .
2. Keeping your business’ door open. If you became too sick or hurt to work, would your customers have to take their business elsewhere?
3. Keeping your business investment intact. If you or one of your partners or key employees suffered a disability and couldn’t return to
work, what impact would that have on your business?
These are just a few of the questions you might be forced to answer in the event of a disability – and we’re here to help...
Individual Disability Income (DI) insurance – personal income protection so you can:
• Provide for your family if you become too sick or hurt to work
• Maintain your lifestyle without draining savings or business profits
• Continue to save for retirement during a disability with DI Retirement Security
Overhead Expense (OE) insurance – reimburses you for fixed business expenses so you can:
• Help keep your business’ doors open
• Return to a financially sound business; or
• Sell your business at its full value if you are unable to return
Disability Buy-Out (DBO) insurance – funds a buy-sell agreement to buy out a disabled business owner.
This allows you and your partner to:
• Maximize the financial return when the business is transferred, while minimizing tax liability.
• Help the business survive a partner’s departure – allowing remaining owner(s) and their family to receive the full value of the business.
