Abundant Protection for the Business Owner and the Professional

When You're the Employer - AND the Employee - Who's There for You When You Need Support?

Whether you're a sole proprietor, a partner in a business or a professional in a practice, you need special forms of disability insurance to protect your business-and yourself. And with Berkshire Life, you get the highest quality business DI around:

• Policies that pay benefits or reimburse expenses if you are unable to perform the material and substantial duties of your own occupation due to a covered sickness or injury.
• Policies that can fund Buy-out agreements in the event of a serious prolonged total disability.
   

Read more about the different kinds of coverage Berkshire Life offers specifically for businesses. And then use our calculator to determine how much coverage you might need.

Overhead Expense

Who pays the office expenses if you're out on disability? See how Overhead Expense insurance can help keep your business or practice going if you or a partner or fellow owner is too sick or injured to work. Available for professionals and for business owners.

Disability Buy-Out

An important consideration for partnerships, S-corps and C-corps. See how Berkshire Life's DBO can help your business and serve all parties' interests in the case of a partner's long-term disability.

Qualified Sick Pay

Here's a "perk" that can help you attract and keep the best in the business. Offer your key employees our Qualified Sick Pay plan to help replace their income and pay the bills if they ever become disabled.

Retirement Protection Plus

How Likely Is It That One of You May Become Disabled?

Unfortunately, you are not immune from illness or accidents simply because you are vital to the success of a particular business. Consider the statistics on the subject -

The fact is, that in a multi-owner business, the chances of an owner's becoming disabled for 90 days or more before age 65 are startlingly high:

• With 2 owners, both aged 35, there is a 34% chance that one will become disabled
• With 3 owners, all aged 35, there is a 47% chance that one will become disabled
• Of all 45-year-olds disabled for one year, by the end of five more years:

  • 19.9% will have died*
  • 57.5% will still be disabled*

*1985 Commissioners Disability Table (Statistics shown are based on data collected from independent disability carriers and reflect only individuals with DI policies.)

Contact us now for more information.