An Easier Way to Get
Business Owners' Attention
Tax Deductible Business Overhead Expense (BOE) Insurance
Every small business has expenses that don’t stop if the business’s revenue is interrupted.
If the business relies on the owner to drive much or all of its revenue, the survival risk to the business if the owner becomes injured or sick can be high.
Despite all the stats Cenco has related in prior DI News editions and 43% of all people will experience a long-term disability before they reach age 65, it is sometimes hard to get business clients to consider Income Insurance
Approaching them to protect their business’s expenses from injury or sickness, similar to protecting it from fire, flood or vandalism makes a lot of sense.
Help them protect their business from unavoidable overhead expenses when revenue is down because the owner is injured or sick, with premiums often surprisingly lower than expected.
Tax deductible BOE coverage can cover rent, utilities, equipment leases, employee salaries, insurance, business or mortgage loan payments, workplace modification and more.
Some of Cenco’s BOE carriers offer added valuable benefits such as:
- Temporary substitute employee costs
- Substitute employee finder fee costs up to $5,000
- Legal and accounting costs if the business has to change ownership, up to $5,000
- Workplace modification to accommodate an owners health situation
- Business owner occupational class upgrades
- Survivor benefits
- Reduce elimination period for healthy lifestyle
- Residual or partial disability benefits
For more information and more business approach friendly tips email David at Cenco or call: (800) 45-CENCO or (916) 920-5251
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