Business Disability Insurance
What is business overhead expense insurance?
Business overhead expense (BOE) insurance reimburses a business owner for fixed business expenses (rent, utilities, employee salaries, equipment leases) if the owner becomes disabled. BOE insurance allows the business to continue operating while the owner recovers. BOE is separate from personal disability insurance.
Key Points
- BOE insurance: reimburses fixed business expenses if owner becomes disabled
- Covers: rent, utilities, employee salaries, equipment leases
- Allows business to continue operating while owner recovers
- BOE is separate from personal disability insurance
- Best for: self-employed business owners with significant fixed overhead