Final answer:
Jeff would need Business Overhead Expense Disability Insurance to cover his business operating expenses if he becomes disabled. This type of policy covers day-to-day operating expenses, not the personal income of the disabled individual.
Step-by-step explanation:
If Jeff, who owns a small business, becomes disabled, the type of policy that would pay his operating expenses is A. Business overhead expense disability insurance. This insurance helps to cover the day-to-day operating expenses of a business, such as rent, utilities, and staff salaries, ensuring that the business can continue to run in the owner's absence. It does not replace the income of the disabled individual, which is typically covered under an individual disability insurance policy. Key person disability insurance is another type of coverage, which is designed to protect the company from the financial impact of losing a key employee due to disability. Group disability insurance provides coverage to employees under one policy, typically offered by an employer. Lastly, Individual disability insurance provides coverage for lost wages if an individual is unable to work due to a disability, but it does not cover business operating expenses.