Business Expense Policy

Business Expense insurance allows you to insure up to 100% of allowable business expenses which your business would incur if you were temporarily unable to work. These fixed costs may include rent, electricity, staff wages, leases, loans, telephone and accountancy fees, etc.

Commonly, this will be taken our by self-employed or small business operators so as to ensure that they have a business to return to, or can continue so as to be sold if they are off work for an extended period.

Business Expense benefits typically include:

  • Peace of mind that your business can continue if you’re disabled
  • 100% maximum monthly benefit
  • 1 year benefit period
  • Waiting periods of 14 days or 1 month
  • Tax deductible in certain circumstances