How to Insure Your Income: Business Uses of Disability Insurance Introduction
Many problems arise that can affect the financial security of a business and its heirs. Of primary concern is the economic death of the business owner. Economic death is caused by a disability due to accident or sickness.
When a disability strikes, your most valuable asset is lost -- your ability to earn an income. When you are the owner of a business or a key employee, there exists a dual financial impact: on your family and on your business.
This chapter will cover the business uses of disability income insurance as protection against the risk of economic death caused by a disability.
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