As the business owner, you are generally responsible for all or most of the company revenue, and if something happened to you, business income stops. How do you continue to pay these costs?
Examples may include an office lease commitment, general business administration expenses being paid every month (advertising, telephone contracts); vehicle or equipment leases or wages.
Business expenses policies provide a monthly benefit paid directly into your business, to help cover those ongoing business expenses that have to be paid no matter what.
This is a policy aimed at smaller businesses, generally with only a few full time staff.
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