Disability for Business Owners

Disability Insurance for Business Owners: Protecting Your Income and Your Business

As a business owner, you wear a lot of hats—and your income is directly tied to your ability to work. But what would happen if an illness or injury kept you from running your business? That’s where disability insurance becomes essential.

Unlike employees who may have short-term disability through an employer, business owners often have no built-in safety net. Disability insurance provides income protection, so if you're unable to work due to a covered condition, you can still cover personal expenses and keep your business afloat.

Think of it as protecting your most valuable asset: your ability to earn.

For entrepreneurs, disability coverage can help:

• Maintain your income during recovery

• Cover ongoing business expenses (with a business overhead expense policy)

• Keep operations stable while you’re away

• Prevent the need to dip into savings or debt

The reality is, 1 in 4 adults will experience a disabling condition before retirement. And for business owners, the financial impact can be even greater.