Income Protection: Business Needs
“I couldn’t do anything. I had to lie at home for months. I couldn’t sell. I couldn’t get out there. Dealing with people face to face is my bread and butter. I could have lost a lot of money. Knowing that I had these benefits coming helped the business certainly, but it also gave me piece of mind.”
When business owners become too sick or hurt to work, they not only face losing their personal income, they face the risk of losing their businesses as well.
Business owners need help in understanding the threats a disability can pose and the solutions available to help protect the businesses they've worked so hard to establish and grow.
Business Over Expense insurance reimburses a business owner for expenses incurred during a disability.
Covers loans taken out for business purposes in the event of a disability.
Provides benefits to a business in the event a key employee who is critical to the success of the business become totally disabled.
Funds a buy-sell agreement to buy out a totally disabled business owner on a reimbursement basis.