Business owners need protection that is beyond basic coverage that an employee would have. These policies protect you and the long-term success of your business. They are called Business Continuation Insurance policies, which include Key Employee Insurance, a Buy Sell Agreement and Business Overhead Disability Insurance.
Disability Insurance is an important policy that you will need as a business owner. There are two policies you will need- Personal Disability Insurance and Business Overhead Disability Insurance.
Business Overhead Expense Disability Insurance is designed to help your business stay afloat while you aren’t working. Your business has overhead expenses, such as payroll, rent, utilities, insurance (I hope this category isn’t lacking), etc. Wouldn’t it be nice if some or all of this could be paid for you while you are disabled and trying to keep the business running through Starr’s stellar entrepreneurial skills? Yes, it would be a huge help, I assure you.
Isn’t the reason you work so hard because you want to enjoy life, and then leave a legacy? In order to this, you must have Business Overhead Insurance Protection, or your legacy won’t be anything but a memory.
Be sure to read my blog about Disability Insurance Protection, “Disability and Death: The Double D’s you Must Protect.” Shelly Alvarez Insurance assists business owners with their insurance portfolios. Please contact us today for more information.
As one of the most experienced brokerage companies from San Antonio, Texas, we are eager to help you save money and secure the future of those you love.
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