What Is Disability Buyout Insurance? 
Although there are thousands of sole proprietors in the U.S. , there are many businesses that have one or more partners . Creating a business buy out succession plan includes indemnifying the partners against the death or disability of one or more partners to protect the future of any business . The partners perform a business evaluation and assign the ownership share to each partner . If a disability occurs with one party or more the buyout provisions of the agreement are initiated . 