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This product or service is offered through COPIC Financial |
Disability overhead expense insurance reimburses you as a practice owner for covered overhead expenses up to a specified amount during a disability. It covers fixed business expenses such as:
- Lease, rent or mortgage payments
- Utilities
- Liability insurance
- Property taxes
- Accounting and legal services
- Professional trade dues and subscriptions
- Other fixed expenses normally incurred in running the business
Policy premiums are tax-deductible as an ordinary and necessary business expense.