What type of policy is best for a business owner concerned about financial stability in case of disability?

A Business Overhead Expense policy is specifically designed for business owners who want to ensure their operational costs are covered in the event that they become disabled and unable to work. This insurance helps pay for necessary business expenses, such as rent, utilities, and employee salaries, during a disability period. By doing so, it allows the business to maintain its financial stability, ensuring continuity despite the owner's incapacitation.

Key Person Insurance, while important for protecting against the loss of a key employee, primarily provides a financial benefit to the business upon the death of that key individual rather than addressing the ongoing expenses required to keep the business running in a disability scenario. Workers’ Compensation Insurance pertains to covering employees who become injured or ill due to their work but does not directly address the owner's financial needs during their own disability. General Liability Insurance protects businesses from third-party claims of bodily injury and property damage but does not cover lost income or operational expenses related to an owner’s disability.

Thus, a Business Overhead Expense policy is the most appropriate choice for a business owner seeking to protect their enterprise against the financial challenges posed by a disability.