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Buy sell disability policies are typically designed to mirror the requirements of the buy sell agreement. The most common of which is a lump sum payout after a 12 month. Petersen international has developed the perfect solution in the buy/sell plus disability insurance program. This standalone proprietary product marries key person disability benefits with a. Study with quizlet and memorize flashcards containing terms like which of the following is a main objective of key person disability income insurance, which of the following statements. If the owner dies or becomes disabled, the policy would provide which of the following?