Business Overhead Expense
Disability policy that covers many of the operational expenses of a small business when the owner becomes disabled. Salaries, accounting fees, supplies and rent are a few of the items that can be covered.
Individual Disability Insurance
The salary of a business owner is not covered under a Business Overhead Policy. It is vital the individual income of owners is protected like any other employee. The premiums are not tax deductible but the benefits are tax-free!