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Business Expenses Insurance

Business Expenses Insurance helps self-employed people and small business owners keep their business running if they're unable to work due to illness or injury. It covers ongoing business costs like rent, staff wages, utilities, and loan repayments - separate from your personal income protection.

Who Needs Business Expenses Insurance?

  • Self-employed sole traders
  • Small business owners
  • Medical and dental practitioners
  • Professional services (accountants, lawyers)
  • Anyone with ongoing business overheads
  • Businesses reliant on owner's expertise

Key Details

Waiting Period
14, 30, or 60 days (your choice)
Benefit Period
12 months (standard)
Expiry Age
65 years old
Tax Deductible
Yes - Premiums are tax deductible

Starting from

$124/month

Age 35, male, $10,000 cover

What Business Expenses Insurance Covers

Covers ongoing business expenses (rent, wages, utilities)
Separate from personal income protection
Keeps your business operational during recovery
Tax deductible premiums
Covers up to $100,000/month in expenses
Usually 12-month benefit period
Helps retain staff and clients

Common Exclusions

Most business expenses insurance policies will not cover:

Pre-existing conditions within specified period
Normal business fluctuations
Expenses incurred after claim ends
Intentional self-inflicted injuries
Expenses not proven with receipts

Premium Examples

Indicative monthly premiums for business expenses insurance by age and gender. Your actual premium will depend on your health, occupation, and coverage amount.

AgeGenderCoverage AmountProviderMonthly Premium
35male$10,000TAL$124
35female$10,000TAL$148
45male$10,000AIA$198
45female$10,000AIA$234
55male$10,000Zurich$348
55female$10,000Zurich$412

Compare with Other Insurance Types

See how business expenses insurance compares to other types of coverage

Life Insurance

A lump sum payment to your loved ones when you pass away.

From: $35/month
Tax deductible: No
Learn More

Total and Permanent Disability Insurance

A lump sum if you can never work again due to illness or injury.

From: $45/month
Tax deductible: No
Learn More

Trauma Insurance

A lump sum if diagnosed with a serious illness like cancer or heart attack.

From: $52/month
Tax deductible: No
Learn More

Ready to Get Business Expenses Insurance?

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