Business Expenses Insurance

How would your business survive without you?

What would happen if you had to take time off work because of sickness or injury?

If you run your own business, the consequences could often be dire – for you, your family, and your employees.

Business Expenses insurance provides a monthly payment for up to 12 months if you are sick or injured, helping you cover fixed business costs including:

• electricity, gas, water and telephone payments
• staff salaries (non income-producing roles)
• rent on your place of business
• interest on borrowings.

Business Expenses is a subset of Income Protection Insurance – you must take out Income Protection Insurance first. Find out more about Income Protection Insurance.

Business Expenses premiums may be tax deductible, which could significantly reduce the effective cost of your insurance.

At Archimedes Financial Planning, we work closely with our SME Business Owners to find the right business expenses policy given their situation.