As a business owner, you want to know that your company is protected in the event you become disabled and unable to work. A personal disability insurance policy can protect you if you cannot work, but will likely not feature a large enough benefit to keep your business afloat as well. Mutual of Omaha offers Business Operating Expense Insurance to help small business owners maintain their business in the event of sickness or disability.
This flexible insurance coverage can be customized to suit the needs of your budget and your business. Our policies can also be designed to work with many different situations and businesses. Talk to a licensed insurance agent in your area today to find out more about your options. Or, continue reading for some valuable tips to consider before purchasing your Business Operating Expense Disability Insurance.
What to Look For
Business Operating Expense Insurance needs to kick in quickly when you need it and be flexible enough to fit your business. Our policies are tailored to your business needs - whether you are a sole proprietor, a partner or a stockholder. In some cases, you can use the premiums for the policy as a direct business expense, but it's important to first check with a qualified financial advisor regarding your situation.
A flexible policy is important. You want to have the peace of mind that your Business Operating Expense Insurance is going to cover the bills and expenses, like employee salaries and rent, that you will need assistance with in the event of a disability.
Disability Income Choice at Work
Disability Income Choice at Work is offered in the work setting. It pays you and your employees a monthly income while recovering from a disabling sickness or injury. Offering this plan to your employees as part of their benefit package helps them protect their income during times of need, which helps them protect their families.
Providing a plan like this appeals to many employees and is one way to demonstrate that you value their work, time and commitment to your company's success.
When searching for a disability income choice insurance policy, you again want flexibility. We offer that flexibility. Our policies are available as both employer-paid and employee-paid programs to help you fit this plan into your budget and benefits package.
Other Disability Insurance Resources
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Disability Insurance FAQ
Frequently asked questions about disability insurance are answered here in one convenient spot. -
Short-Term Disability vs. Long-Term Disability
Learn about the differences between a long-term and a short-term disability insurance policy. -
Buying Short-Term Disability Insurance Tips
This article helps you learn what to look for when shopping for a short-term disability insurance policy. -
Buying Long-Term Disability Insurance Tips
Learn what to look for and what to watch out for when purchasing a long-term disability insurance policy. -
Business Disability Insurance
This unique form of disability insurance is designed for business owners
