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 Overhead 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 Overhead Expense Disability Insurance.
What to Look For
Business Overhead 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 Overhead 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.
Other Disability Insurance Resources
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.