Business overhead expense
May reimburse eligible operating expenses during an insured owner’s covered disability, subject to a waiting period, limits, and benefit duration.
Business Disability Protection
Protect operations when
an owner cannot work.
Address business overhead, disability buy-sell funding, key-person risk, and continuity when illness or injury removes an owner from active work.
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Built around your organization—not a template.
An owner’s disability can reduce revenue while rent, payroll, utilities, and other obligations continue. Separate disability strategies may protect the owner’s income, the company’s expenses, and an ownership transition.
Disability buy-sell funding
May provide funds for an ownership purchase when a qualifying permanent or long-term disability triggers a properly drafted agreement.
Key-person disability
May help the business manage financial loss when a critical employee or owner experiences a covered disability.
Individual income protection
Separate personally owned coverage may protect the owner’s household income; business coverage generally serves a different purpose.
A strong fit for
- ✓ Professional practices and closely held businesses
- ✓ Companies where an owner produces substantial revenue
- ✓ Partners planning for disability as well as death
How it works
Important choices, explained clearly.
Insurance should be coordinated with the company’s attorney, accountant, and tax adviser. Coverage does not replace a properly drafted agreement or continuity plan.
Separate the risks
Personal income, business expenses, ownership value, and key-person loss require different calculations and may require different policies.
Define disability carefully
Business overhead and buy-sell contracts use specific definitions, elimination periods, benefit limits, and triggering events.
Match the expense period
Overhead coverage is generally designed for a limited period while the business recovers, restructures, sells, or transitions.
Coordinate legal documents
A disability buy-sell policy should align with the agreement’s definition, valuation method, waiting period, and purchase terms.
What we help compare
Benefits, cost, participation, and long-term value.
Available carriers and plan rules vary. We organize the choices and help the employer understand the tradeoffs before making a decision.
- ✓ Eligible overhead expenses and monthly benefit
- ✓ Elimination period and maximum reimbursement period
- ✓ Buy-sell trigger, valuation, lump-sum or installment design
- ✓ Definitions, exclusions, underwriting, and coordination with personal coverage
PERSONAL SUPPORT FOR EMPLOYERS