Employer Disability Income

Business Owner, Is Your Nest-Egg Protected?

You've worked hard to build your business. The thought of losing the ability to work everyday, due to an accident or illness, has probably occurred to you. And that's a valid concern, because the costs of running your business doesn't stop, just because you do. That's where Business Owner Disability Income and/or Business Operating Expense Insurance becomes an essential part of any business plan.


If you became disabled from an accident or sickness, how would you address these considerations:

  • Close until you recover?

When you close your business temporarily, you risk losing customers - and employees - permanently. Customers rely on your goods or services, and your employees depend on their job for their income. Neither can wait indefinitely.

  • Hire a replacement?

Only you can determine who would best fill your shoes. But if you're disabled, you most likely won't be in a position to search for, hire, or train a part-time replacement.

  • Use your savings or individual benefits to help pay business expenses?

Possibly. But as an individual, your savings and/or disability benefits are designed to help meet your personal financial needs if you become disabled. You may not be able to stretch those dollars far enough to cover business expenses, as well. Hence the need for Business Operating Expense coverage.

  • Sell your business?

This option may not be viable, or profitable. An emergency liquidation sale rarely generates top dollar on your investment. And it leaves you with nothing to come back to after you recover.


With years of experience, we are confident that we can find a solution that suits your needs.

Tax Deductible

Business Operating Expense insurance has been designed to meet the requirements of Internal Revenue Service rulings, which allow certain business professionals who are sole proprietors, partners and stockholders/employees of a business to use premiums for the policy as direct business expense for tax deduction. This is based on current tax code.

For a detailed analysis of all your "Employer Disability Income" needs, please contact our specialists today for a non-binding consultation.


Contact us by phone, or use our online Contact Form.

Spirit Financial Concepts

Client Reviews

(918) 236-4470


We also consult on the following types of coverage:

  • Health Insurance - Whether you're an individual, or a business owner, we offer coverage to meet every need. Whether you have an existing group or individual health plan in place, or looking to implement new coverage, our team of experts are here to help!
  • Medicare Supplement Coverage - Did you know that even though you have Medicare Part A and Part B, you are still responsible for annual deductibles and 20% co-insurance on most of your medical treatment? This is where a Medicare Supplement comes in. Call us for a free consultation of your Medicare Supplement options. We're here to help!
  • Cancer & Critical Illness Insurance - Lump sum benefits paid upon first diagnosis of a critical illness. In the midst of a critical illness diagnosis, you will most likely suffer the loss of income, travel expenses connected to out-of-town specialists, and home health care. Protect yourself!
  • Dental Plans - No networks. No waiting periods. Starting at $15.50 per month.

Spirit Financial Concepts is a member of the

National Association of Health Underwriters.



Client Services

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Spirit Financial Concepts is here to serve you in all your insurance needs!

(918) 236-4470

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