What type of business owner should have Business Overhead Expense insurance?
It is most vital with businesses and practices in which the owner’s ability to come to work makes the difference between the office being open or closed for business. The coverage will appeal to physicians, lawyers, accountants, engineers and other individuals who own firms that depend on the owner’s ability to generate income to pay the bills. All of these features, plus the fact that premiums may be tax-deductible as a business expense, make the Business Overhead Expense insurance a key component of any business owner’s financial security plan. It ensures that business continues when a disability occurs.
