10 Things to Know About Business Overhead Expense (BOE) Insurance
Brokers, if you have clients who are small business owners, you know that the owner is the heart of the business. In many cases, the business would have trouble continuing if the owner was unable to work. Likewise, the owner would have trouble paying his personal bills if his business could not continue. Fortunately, disability […]
Should a Self-Employed Client Have BOE Insurance?
Self-employed individuals are great candidates for disability insurance. Many of them have an income worthy of protection, but they don’t have access to employee benefits, so they need to buy their own disability coverage. But should you also offer them business overhead expense (BOE) insurance? The answer is… sometimes. Self-employment varies considerably, so some self-employed […]
Business Overhead Expense (BOE): Security for Business Owners
Small business owners enjoy being their own bosses, setting their own schedules and achieving their own goals. They also take on considerable risk and responsibility. According to Forbes Advisor, 30% of businesses fail within the first two years, while approximately half fail within the first five years.