Business Overhead Expense

Business overhead expense insurance pays a business owner's fixed expenses in the event he/she is disabled. When a business owner is disabled many business expenses (rent, payroll, phone, etc.) continue. A disability overhead expense policy can help pay these expenses. These policies generally have a shorter elimination (waiting) period and a one to two year benefit period. The shorter benefit period is sensible, because one to two years should allow the disabled owner to determine his/her degree of disability and if necessary sell the business. Overhead expense disability is relatively inexpensive and should be considered by any business owner with high expenses.

Group Long Term Disability Insurance
Disability Buy Out
Disability Key Man
Pension Completion

This document was last modified on July 26, 1999

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