Health and Life Insurance

Category - Disability

Who should purchase a business overhead expense policy?
  1. Large businesses
  2. Medium businesses
  3. Small businesses
  4. International businesses
Explanation
Answer: C - Small businesses should purchase a business overhead expense policy. Business overhead expense policies cover certain overhead expenses that continue even when the business owner is disabled. These policies are limited to small businesses and will indemnify the business, not the owner, for business expenses such as rent, taxes, insurance premiums, utility bills, employees’ compensation and more.
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