A disabled business owner with expenses covered would likely have which type of policy?

A disabled business owner with expenses covered would likely have a Business Overhead Expense policy. This type of insurance is specifically designed to cover the fixed costs associated with running a business when the owner is unable to work due to a disability. Common expenses covered under this policy include rent, utilities, employee salaries, and other necessary operating costs that a business incurs even when the owner cannot actively manage the business.

In the context of this question, a Business Overhead Expense policy is essential for ensuring that the business can continue to operate and meet its financial obligations while the owner is disabled. This helps prevent the business from facing financial hardship during the owner's recovery period, allowing for a smoother transition back to normal operations.

The other types of policies mentioned serve different purposes. For instance, a Key Person policy provides financial protection against the loss of a vital employee, a Franchise Disability policy is tailored for franchise owners to cover respectively tailored needs, and a Disability Income policy generally provides personal income replacement for individuals and might not cover business expenses. Hence, the Business Overhead Expense policy is the most appropriate choice for a disabled business owner focused on covering ongoing business expenses.