What policy best addresses the concern of small business owners regarding financial survival when becoming disabled?

The policy that best addresses the concern of small business owners regarding financial survival when they become disabled is Business Overhead Expense insurance. This type of policy is specifically designed to cover the ongoing expenses of running a business in the event that the owner becomes disabled and is unable to work.

When a small business owner is disabled, they may still have fixed costs, such as rent, utilities, employee salaries, and loan payments, that need to be paid to keep the business afloat. Business Overhead Expense insurance helps to alleviate this financial burden by providing a monthly benefit that can be used to cover these essential expenses. This allows the business to maintain operations and potentially recover after the owner is able to return to work or to cover costs while the business is being transitioned.

In contrast, other types of insurance serve different purposes. Key Person Insurance provides coverage for the loss of an essential employee or owner but does not specifically cover business overhead costs. Comprehensive Health Insurance primarily addresses health-related expenses for medical care but does not offer financial support to maintain business operations. Disability Income Insurance covers personal income for the individual who is disabled, which may not directly impact the business's operational expenses. Therefore, Business Overhead Expense insurance is the most appropriate choice for ensuring a small business can survive