What types of people need Business Expense cover?
It is essential for small business owners to consider, and most suited to service businesses where the owner is the main income-generator, and temporary replacement of their role is not either available, hard to find, or not suited. The owner’s absence should therefore significantly impact on revenues.
The best examples of such roles are tradesman, accountants, architects, lawyers and barristers.
Medical professionals who run their own practices (doctors, dentists, chiropractors, etc) may also need Business Expenses Insurance. However, the possibility of employing a short-term locum to cover the cost of their employment – as well as some other fixed expenses. This may completely eliminate, or greatly reduce, the loss that may be suffered in the event of the insured’s disablement.
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Eligible and Ineligible Expenses
Find out which business expenses are eligible for Disability Business Overheads Insurance.
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Case Study – Disability Business Overheads Insurance
Find out about the dilemma “Jack the Carpenter” faces without Disability Business Overheads Insurance.
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Disability Business Overheads Insurance
Would you sleep easier knowing your regular, ongoing business expenses were being paid if you were unable to work as a result of something bad happening (accident or sickness)?
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