Question

Which of the following policies would pay for a company's rent, utilities, and other operating expenses if the owner becomes disabled?

A. Key person insurance
B. Business interruption insurance
C. Disability overhead expense insurance
D. Business liability insurance

Answer 1

Disability overhead expense insurance pays for a company's rent, utilities, and other operating expenses if the owner becomes disabled.

Step-by-step explanation:

The policy that would pay for a company's rent, utilities, and other operating expenses if the owner becomes disabled is Disability overhead expense insurance. This type of insurance provides coverage for a business's fixed expenses, such as rent, utilities, and salaries, in the event that the owner or a key employee becomes disabled and cannot work. It helps ensure that the business can continue to operate and cover its expenses during the owner's disability.