BUSINESS OVERHEAD EXPENSE INSURANCE
If the owner of a small business were to become too sick or injured to work, he or she would need to do more than protect his or her income. Funds would also be needed to pay business expenses, keep the business investment intact, and protect key employees. The answer to these concerns is “business overhead expense” (BOE) insurance, which keeps small- to medium-sized businesses running while owners recover from disability or illness. It is also designed for professionals such as doctors and dentists, who need to have the ongoing operating expenses of their businesses paid while they are unable to work. BOE is a subcategory of disability insurance that keeps things going until the small-business owner returns to work.
You owe it to yourself and your family to protect your years of hard work. It’s always wise to be sure you are correctly insured for all the possibilities that could occur in your life and your business. For personal service you can trust and rely on, contact the insurance professionals at DONALD W. BEAULIEU INSURANCE AGENCY. To find out more, call us at 978.388.3333. We accommodate your special needs with custom packages and coverage selections, and the best possible prices. We’re located at 34 Market St., Amesbury. Whatever your insurance need is, let us explain how we can be of service to you.
NOTE: With respect to an individual disability policy, “total disability” means you cannot work at all, while with a BOE insurance policy, total disability means you can’t perform the required functions of your occupation.