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.