Overhead expense insurance

{
  "id": "MLC-T-INS-003709",
  "term": "Overhead expense insurance",
  "field": "Insurance and risk management",
  "definition": "A type of business insurance designed to cover the fixed operating costs of a business if the owner becomes disabled and cannot work. It typically covers expenses such as rent, utilities, employee salaries, and other recurring overheads. This coverage is distinct from disability income insurance, which replaces the owner's personal income.",
  "url": "https://mlchart.com/terminology/insurance/overhead-expense-insurance/"
}