Disability Overhead Expense Insurance

Make Sure Your Business Can Always Pay the Bills

You—and perhaps your co-owners—make a significant contribution to the business. In fact, it's so significant that if you were disabled for any length of time, your absence would impact the bottom line.

That's why RBC Insurance® provides Disability Overhead Expense Insurance. For help in structuring the right policy for you and your partners or co-owners, contact us today.

Details of Business Overhead Expense Insurance:

  • Your plan is non-cancelable      until you reach age 65. It is conditionally renewable after age 65, as      long as you remain employed full time (minimum of 30 hours per week) and      responsible for the expenses of maintaining an office or business.
  • Benefits range to suit your      needs.
  • When you purchase the      policy, you decide whether your benefits will be paid over a period of time      of either 15 or 24 months, enabling you to cover fixed business expenses      such as payroll, property taxes, rent and utilities.
  • Benefits may start after as      few as 15 days of disability, allowing your business to remain a going      concern until you are able to return to work.
  • Coverage may be purchased      from ages 18 to 60.
  • Premiums may be tax      deductible.
  • Various options are      available, including the option to increase your coverage at a later date.

 

Glenn Stewart, CIP,CRM, RHU

insurance specialist

CUTtheRISK.com

glenn@cuttherisk.com

direct line 1.888.256.8685 or 519-896-9970