Do you know business owners whose personal service is a contributing factor to the income and success of the business? Business Overhead Expense Insurance is a disability policy that reimburses a business owner(s) for covered insurance expenses related to the operation of the business at his/her disability.

How does Business Overhead Expense Insurance work?

Your company purchases a disability insurance policy on the business owner(s) and pays the premiums. Should the insured business owner(s) become disabled, benefits are paid for covered business overhead expenses (i.e., employees' salaries*, lease payments, utilities, phone, miscellaneous office supplies and postage) related to the disabled owner's interest in the business.

* Does not cover salary of the business owner(s).

Advantages of Business Overhead Expense Insurance

• Reimburses the business up to the amount of the monthly benefit for actual expenses incurred.
• Benefits from the policy can enable the business to survive during the owner's disability.