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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
April 20, 2004 at 08:00 PM
NU Online News Service, April 20, 2004, 5:23 p.m. EDT – MetLife Inc., New York, has introduced a new disability insurance policy for small, multi-owner businesses.[@@]
The new Buy-Sell Protector Policy will pay up to $2.5 million in benefits to the able-bodied owners of a company when one owner becomes disabled.
The policy is available to owners in all occupational classes, and a company can use the policy together with an existing buy-sell disability policy.
Benefits include reimbursement of up to $3,000 for legal and accounting fees resulting from able-bodied owners’ purchase of a disabled partner’s ownership interest.
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