Business Overhead Expense Insurance

If you were to become disabled, how would the Company stay in business? One common way to bridge such a loss is to purchase "business overhead expense insurance". This insurance covers the cost of business expenses and salaries as a result of the owner's disability. However, it does not provide disability income for the owner. Therefore, a separate disability policy for the owner(s) should be in place. This policy should be purchased personally, not through the Company.