Disability Income • Critical Illness Insurance • Long Term Care • Life Insurance

Disability Income Protecting Business Loans/Leases

Disability Insurance to protect business obligations when a Total Disability creates an inability to meet financial obligations requiring periodic payments over a fixed time period.

Ideal Candidate Any business where the obligation rests with a single principal and whose loss would place the business, and therefore the business loan/lease, in serious jeopardy.

Problem A Total Disability potentially affects the loan/lease repayment relationship. As long as the business owner is working, the loan/lease may be paid from earnings. But, what happens if a total disability strikes? How does the business owner and lender/lessor address this contingency? Lenders often require life insurance to secure a loan, but this is of no help against the far greater risk of total disability

Solution Disability Insurance to protect business obligations. A Total Disability may create the inability to meet financial obligations requiring periodic loan/lease payments over time. Through a covered disability, business owners are better able to protect their company, their investment and their personal assets. The lending institution/lessor, is better able to maintain their revenue stream.

The monthly benefit is paid directly to the loss-payee, i.e., the lending institution, or lessor, via a Collateral Assignment.

THIS VERY AFFORDABLE PROTECTION IS NOT TAX-DEDUCTIBLE, SINCE THE MAXIMUM BENEFIT SHOULD BE AVAILABLE TO ADDRESS THE STRUCTURED DEBT

There is no fee for my services

Paul SuPrise, CLU, LTCP
770 Nuangola Road • Mountain Top, PA 18707-9507
570-868-6871 • Fax 570-868-6872
paul@sickpayplans.com
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