Business Overhead Expense (BOE) Coverage

As a business owner you can protect yourself with an Income Replacement plan and your business can be protected by Business Overhead Expense Coverage (BOE). BOE covers your business expenses on a reimbursement basis and keeps your business running when you can't be there. BOE covers expenses like:

• scheduled installment payments of principal of debt allocated to business use
• rent
• leased and rented equipment
• business and liability insurance premiums
• dues for professional associations
• interest on debt
• accounting fees
• other contractual expenses which are normal and customary in operating your business
• wages for employees who are involved in administrative duties