What expenses should business overhead insurance cover in the event of a disability?
Business overhead insurance
usually covers expenses
, including wages and salaries, utilities, taxes, rent, accounting and legal fees, interest, office supplies, principal and interest on mortgages, malpractice and other insurance
, and other operating expenses
, up to the amount insured in the applicable policy. The owner's income is usually not covered.
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Other Similar Questions
What other types of business insurance may be denied and require legal assistance?
Why is the payment of business overhead expense policy so crucial to the survival of my business?
What do I do if my insurance company refuses my business overhead claim?
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