Business Expense Insurance
Like income protection insurance, business expenses pays a monthly benefit to the business - generally for a maximum of 12 months – to cover costs if you (as a business owner) suffer an illness or injury and are unable to work.
Business expenses insurance complements income protection insurance for business owners.
You can generally choose a waiting period between 14 and 90 days, after which the insurance benefit becomes payable. A shorter waiting period usually means a higher premium.
At Chris Humphrey Private Wealth Management we have a vast knowledge of Business Expense insurance. We tailor our Business Expense Insurance advice to ensure that our clients have a business to return to in the event of a period of disability.
Chris Humphrey Private Wealth Management is conveniently located on the outskirts of Brisbane's CBD.
"Chris and his team have helped tremendously in organising my income protection insurance and ensuring my cover is held in the most tax effective manner. The process was very straight forward and all insurance options were explained clearly so I was able to make an informed decision on what cover I wanted. "