The Business Overhead Expense policy provides individual business overhead expense reimbursement protection.
What is it?
This coverage allows a small business to meet its everyday expenses even while the owner is disabled. This way, the business remains viable until the owner can return to work, or allows time for an orderly decision regarding the future of the business.
Who is it for?
Business Overhead Expense is meant for self-employed professionals and small-business owners with less than ﬁve employees where the enterprise depends on the ability of the owner to generate income and pay the bills.
- Age: 18 – 60
- Beneﬁt periods: 15 and 24 months
- Elimination periods: 30, 60 and 90 days (15 days is available to select occupations).
If you’d like more information, give us a call.