Business Overhead Expense Insurance for Attorneys
What is Business Overhead Expense Insurance?
While a personal disability policy replaces a portion of your own income if you become disabled, business overhead expense insurance covers the routine expenses that your business may incur during your disability. Your personal disability policy pays benefits to you; your business receives the benefits under the business overhead expense insurance policy.
Protect Your Business with State Bar of California Sponsored BOE Insurance
What Expenses Are Covered?
- Business expenses eligible for reimbursement usually include:
- Lease, rent, or mortgage payments
- Loan and mortgage interest
- Employee salaries (but not your salary)
- Salary for a professional replacement for your position (depends on policy)
- Utilities and telephone
- Laundry, janitorial, and maintenance services
- Accounting and legal services
- Professional trade dues and subscriptions
- Automobile expenses
- Employee benefits
- Equipment depreciation
- Equipment lease payments
- Insurance premiums
- Taxes
- Other fixed expenses normally incurred in running the business
Discount for State Bar Licensees
Through the relationship AI&PS has with The State Bar of California, licensees can expect to receive a comprehensive Business Overhead Expense Insurance plan with up to a 20% premium discount.
If you should become disabled from an injury or illness, this program would pay you up to $50,000 per month to cover your office expenses.
If you should become disabled from an injury or illness, this program would pay you up to $50,000 per month to cover your office expenses.
AI&PS Has Existed For Nearly 70 Years & Is Here To Protect Attorneys Like You!
How Do I Apply?
We have a knowledgeable team of advisors that is ready to help you understand what you may qualify for. Simply fill out the Request a Quote form and an advisor will get back to you usually within 48 hours. If you prefer to call, please call our office at 844.821.8418. We are open M-F 8:30am-5:00pm PST.
