What other types of business insurance may be denied and require legal assistance?
Depending on the size, income and type of your business, you may obtain insurance for one or more of the following categories:
- Business Overhead Expense Coverage - insurer will reimburse owner for daily operating expenses in the event the owner becomes disabled
- Business Buy-Out Coverage - insurer will cover expenses related to a forced buy-out of the business in the event of a disability or death of a business partner
- Business Key Person Coverage - insurer covers income lost and rehiring costs when a key employee becomes disabled
- Group Health Insurance - group health plans provide reimbursement for some or all medical costs to employees.
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