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Disability Buy-Out Insurance (California)

Disability Buy-Out (DBO) insurance helps fund the purchase of a totally disabled business owner’s interest under a buy-sell agreement. It allows remaining owners to continue the business without:

  • Using business cash flow
  • Obtaining loans from financial institutions
  • Selling shares of the business to get working capital

The policy is conditionally renewable to age 65 with guaranteed premiums.  Rates are based on unisex/gender-neutral rates.

Policy HH673 available in California only.

Important Information

This content is designed for use by financial professionals. Consumers may learn more about products and services on www.principal.com.

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