If you or one of your partners suddenly became too sick or hurt to work, how would you pay business bills and employees’ salaries? And, what about your employees? Like you, they may face challenges with paying everyday bills if an illness or injury keeps them from working.
Working and earning a living is critical to supporting your family. And, as a business owner, it’s also key for running your business. Yet many owners and their employees find themselves dipping into savings and retirement assets to make ends meet when the unexpected happens.
Income protection, also known as disability insurance, replaces part of your income when an illness or injury keeps you from working. You can get it as standalone coverage, or as a supplement to group disability coverage. Plus, when you offer it at your worksite, you may be able to receive discounts.
Talk to your financial professional to learn more about which protection is right for your business.