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Disability Buy-Out Insurance

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.

The HH 703 policy is approved in all states except California.

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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