Business Expense Information

Business Expense Cover
Business expense cover provides a monthly benefit to reimburse certain business expenses if you are unable to work because of injury or sickness. The type of expenses covered include, rent or mortgage payments, rates & taxes, leasing costs of business equipment, salaries of employees not generating business income, accounting fees, etc.

The waiting period is normally 14 or 30 days and the benefit period is 1 year. The premiums for this policy are tax deductible. If you are in partnership or have co directors the policy will cover your share of eligible expenses.

Features, benefits and cost of insurance have gone through considerable change in recent years .There Are also tax and legislative changes that make a regular insurance review even more important. Contact us to see how you could benefit from an obligation free review.