Which insurance is considered among the primary means of covering business expenses for a disabled owner?

Business overhead expense insurance is specifically designed to cover the ongoing business expenses when the owner becomes disabled. This type of insurance helps pay for necessary costs such as rent, utilities, and employee salaries, which allows the business to continue to operate even though the owner is unable to work. This is crucial for maintaining business viability during the owner's absence due to disability.

In contrast, other types of insurance serve different purposes. Key person insurance protects the business from the financial loss associated with the death or disability of a crucial employee but does not directly cover operational expenses. Franchise disability insurance is tailored for owners of franchises and may differ in its coverage from general business needs. Disability income insurance provides financial support to the individual who is disabled, replacing personal income rather than addressing the business’s operational costs directly. Thus, business overhead expense insurance directly addresses the need for maintaining business functionality in the face of the owner's disability.