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Business Overhead Expense Insurance
Plans pay when business owner is unable to work- disable
As many business expenses will continue and income will drop considerably, it provides money to cover those expenses
Premiums are tax-deductiable as a business expense
It helps to continue the business as disability occures
Issue age is 16-60
Continuable to age 65
Benefit duration is 15, 24 months
Elimination period is 30, 60, 90 days
Longer the elemination period lower the premium
Offeres optional riders are:
Additional Covered Overhead
Extended Partial Disability Injury and Illness Benefit
Health Care Professional
Premiums are tax deductible as business expense
With FCEO rider, can increase protection with out medical
evidence of insurability
Provides peace of mind
For further information or to clarify any point
email:
asif@asifjaved.com