What is Business Disability Insurance?
Business Disability Insurance is designed to inject cash into your business in the event that you as the owner, or one of your key employees, need to take time off work due to illness or injury. It’s paid monthly.
Most people use Business Disability Insurance for:
Hire a contractor to cover the work that they would normally be doing
Supplement some of their lost business revenue
Business Disability Insurance benefits
This is to help you run the business if you are injured or ill and unable to work
Restarts your benefit immediately if you suffer the same disability within 12 months
Payment while overseas
You’ll get this if you’re disabled while out of the country
Each year your sum insured can be increased without the need for further medical or financial underwriting
Optional benefits you can choose to include:
Partial Disablement benefit
Business Security benefit
The above information is about the Asteron Life product on 19/03/2018. There are also optional benefits not noted here