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Business Expenses Cover

Business Expenses Cover

Similarly to Income Protection Cover, Business Expenses Insurance provides your business with protection of regular operating costs if you are sick or injured. It will generally pay for the expenses for the period of one year so that you have ample time to destructure and sell the business if it is unlikely you will return. Business expenses insurance typically covers fixed costs such as:

  • Existing leasing arrangements on equipment or office space or interest on a loan for the property
  • Administrative employees salaries and benefits
  • Administrative or Accounting expenses
  • Outgoings
  • General Insurance premiums
  • Some medical expenses

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