Business Overhead Disability Income Insurance

Business overhead is another type of disability income insurance that’s incredibly popular. This plan type is designed for those who own their own business. For instance, if a business owner becomes disabled, then they can ensure their company continues to run smoothly without them. Many business owners get both a business overhead plan and a personal disability income plan. This way they get the money necessary to keep their business running, as well as income help while disabled. 

Business overhead expenses typically have a maximum coverage period of two years. Once disabled, the plan will start paying for standard business expenses, such as the lease/rent, employee payroll, utilities, etc. Simply put, it keeps the business up and running. So while a personal disability plan can see to your own income, business overhead sees to the livelihood of your employees. Therefore, business overhead disability insurance is something all business owners should consider.

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