Business Overhead Expense
Why is Business Overhead Expense Important?
1. As a business owner, your company may suffer serious financial burdens if you miss work for an extended period of time because of an illness or injury.
Business Overhead Expense policies can pay you monthly payments to cover expenses such as wages, office expenses and rent/mortgage payments.
2. Business Overhead Expense policies are guaranteed renewable.
Guaranteed renewable means that an insurance carrier cannot cancel or modify your policy as long as you pay your premiums. Typically, you have to be between the age of 18-64 and have been in business for at least two years.