Nov / 19 / 2013

Ques: How do I protect my business if I die or become disabled?

It’s every businessperson’s worst nightmare–a serious accident or long-term illness that can lay you up for months, or even longer. Disability insurance, sometimes called “income insurance,” can guarantee a fixed amount of income–usually 60 percent of your average earned income–while you’re receiving treatment or are recuperating and unable to work. In case of a death in the company, including your own, you should consider life insurance.