Many disability buy-out plans are characterized by all of the following EXCEPT:

Many disability buy-out plans are characterized by all of the following EXCEPT:



A) option to have benefits paid in periodic installments.

B) option to have benefits paid in a lump sum.

C) relatively short elimination periods.

D) requirement that the nondisabled owners purchase the disabled owner's share of the business.



Answer: C) relatively short elimination periods. 

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