The benefits of Business Overhead Protection include the following:
- Peace of Mind: Business owners can know that their business will be protected in the event of a disability, illness, or death of the owner or key employees.
- Cost-effective: Business overhead Protection can be more cost-effective than other types of insurance because it covers specific expenses related to the business.
- Customizable: The coverage can be customized to fit the specific needs of the business and can include coverage for additional expenses like hiring temporary replacement staff and business interruption losses
- Maintenance of Creditworthiness: This coverage can help maintain the business's creditworthiness, as it will be able to meet its financial obligations even during difficult times.