New product launch – business overheads insurance

Many professionals will have some form of insurance to cover loss of personal income in the event of injury or illness but few consider the ongoing cost of their business overheads such as rent, staff costs, utility bills, equipment leases, vehicle leases and insurance premiums.

As a specialist professional risks broker we recognised that our clients could benefit from a product which covers their ongoing business expenses if they are unable to work. As such we are pleased to introduce business overheads insurance. This new product is designed to give our clients the reassurance that if the worst were to happen they could keep their business going until they are fit and ready to return to work.

Business overheads insurance is an annual policy which provides a weekly benefit to help with cash flow and fixed expenses, alternatively the money can be used to cover the cost of a locum to generate the income necessary to keep the business going. Business overheads insurance also provides cover for those out of blue scenarios such as a family bereavement or jury service.

Visit our business overheads page for more information.