What Is Business Overhead Expense Disability Insurance?
- 2180 POINTSview profileKelly MoserSocial Media Strategist, Disability Insurance Services, CaliforniaA Business Overhead Expense Policy, also known as a BOE policy, is cash flow protection. This coverage protects a business when the business owner can’t work due to a sickness or an injury. A BOE policy reimburses the business owner for expenses accrued during a period of disability. It helps them avoid having to dip into a business owner’s savings or having to ask shareholders to cover a portion of the overhead.Answered on September 3, 2013flag this answer
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