As one of the many solutions that we offer at Malden Solutions, Business overhead expense insurance ensures that multiple aspects of your business remain financially protected over time. In this type of insurance, you will receive coverage for many aspects of your business if you are unable to work for a significant amount of time. This form of executive insurance is crucial for business owners because of the way in which it ensures that multiple facets of your business, such as your utilities, employees, and retail space are financially covered and cared for as you recover from a critical injury or illness. If you are unsure of whether or not to invest in this form of insurance, consider the many means of financial coverage that you will receive for your business by investing in this form of protection for your livelihood.
Maintaining Your Tax and Professional Service Payments
For businesses who are investing in additional professional services to run their business, business overhead insurance is an effective means of ensuring that payments for these services continue in your absence. By maintaining your payments for these services consistently, you are also providing that these services will continue so that your business can stay on track with accounting, legal services, professional subscriptions, or equipment rentals for employee use.
Continuing Payments for Your Retail Space, Utilities, and Maintenance Services
With business overhead insurance, you are investing in the financial protection of your retail space, utilities, mortgage, and building maintenance services. This type of coverage serves to ensure that your mortgage or rent payments will continue on time in your absence and also includes payments for janitorial services and utilities. This form of insurance is also beneficial for maintaining the physical upkeep of your space if for some reason you cannot manage it yourself.
Covering Employee Salaries and Benefits
By ensuring that your employees receive their paychecks on time, you are also maintaining a crucial part of your business. With this, it is essential to ensure that your employees are also receiving their benefits as necessary. If you are absent from your business due to a temporary disability or recovery period, this form of insurance will enable you to continue paying your employees on time, as well as adequately providing their benefits as needed.
Partner with Malden Solutions Today
Malden Solutions has a wealth of expertise in providing employer insurance solutions, HR solutions, and individual insurance solutions to businesses both big and small. Our team of seasoned professionals can help you navigate the rapidly-changing world of insurance with ease. We partner with businesses and individuals throughout the country to provide our dedicated services for employee benefits but also work within our surrounding communities in Maryland, Northern Virginia, and Washington, D.C. Contact us today to learn more about how we can provide effective, dynamic solutions for your business. Stay connected with us on Twitter, Facebook, Google+, and Linkedin.