Business
Overhead Expense
This program is endorsed by your association.
Business Overhead Expense (BOE) pays actual overhead expenses of
your office while you are totally disabled. BOE pays for: Office
Rent; Employees' Salaries; Heat, Electricity, Water and Telephone;
Taxes; Insurance Premiums (including Professional Liability insurance);
Depreciation and other fixed overhead expenses necessary to the
normal operation of your office. Premiums are normally tax deductible
as a business expense. Consult your personal tax advisor for details.
Underwriter:
The United States Life Insurance Company in the City of New York,
Member AIG Inc.
Eligibility:
Members under age 60 are eligible to
apply.
Features:
• Benefit amounts up to $15,000/month
• Waiver of premium
• Guaranteed Purchase Option available
• Lump Sum Recovery Benefit option available
• Survivor Benefits
• Recovery and Retroactive Benefit riders available
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