Business Overhead Insurance

Business Overhead Insurance

How long could your business survive without you?

• What would happen to your business?

• Your employees?

• Your customers?

If a sudden illness or injury keeps you from the day-to-day business overhead disability insurance running of your business, your business income could dwindle or evaporate altogether.

Your business expenses – including your employees’ salaries – could go unpaid. How long could your business last without you?

How do you prepare for the unexpected? Our agents can help you prepare with Business Overhead Expense (BOE) Insurance. Most BOE policies are designed to help cover your overhead while you’re disabled. So your business can stay healthy – even when you’re not.

You can choose to receive benefits for either 12 or 24 months. However, as long as you remain eligible for benefits, your policy permits payments to continue beyond this 12- or 24-month period until the Maximum Aggregate Benefit has been paid.

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Optional riders let you customize your policy

business overhead insurance Optional riders may be available at additional cost that can provide additional benefits for you.

• Business Insurability Protection Rider – lets you buy more coverage without providing evidence of good health

• Increase in Monthly Benefit Rider – gives you the flexibility to increase your monthly benefit without buying a new policy

Get the coverage you need –

• Benefits may be paid based on your inability to perform the substantial and material duties of your regular occupation while under a doctor’s care.

• Benefits may be provided to help cover the salary of a replacement for you to run your business while you’re disabled.

• There’s no “use it or lose it” provision. The accumulation benefit lets you apply unused benefits to the next month’s expenses and use one month’s excess expenses to generate a higher benefit payment in another month of the same period of total disability.

• When you’re ready to return to work, the policy's recovery benefit eases you back with a lump sum payment. This payment can help as you rebuild your business.

• If, down the road, you no longer have overhead expenses, you may be able to convert your BOE policy to a disability income insurance policy that can provide you with personal disability

Please contact us today at 866-392-INFO (4636)

How do you prepare for the unexpected? We can help you prepare with Business Overhead Expense (BOE) Insurance. Our BOE policies are designed to help cover your overhead while you’re disabled. So your business can stay healthy – even when you’re not
Please call us at
866-392-INFO (4636)

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