This form of Executive Insurance is a particularly crucial one for business owners because it ensures that multiple aspects of your business, such as your retail space, utilities, and employees are cared for as you recover.
Business Overhead Expense insurance is one of the many solutions offered by Malden Solutions to ensure that your business is well cared for and protected over time. With this form of insurance, all aspects of your business are financially covered in the event that you cannot work for an extended period of time. This form of Executive Insurance is a particularly crucial one for business owners because it ensures that multiple aspects of your business, such as your retail space, utilities, and employees are cared for as you recover. If you are debating whether or not to invest in this form of insurance, consider the many forms of coverage that you will receive for your business with these multiple types of financial protection.
Protection for Your Space and Utilities
One of the main forms of financial protection that you will gain from this type of coverage is the protection of your retail space, utilities, mortgage, and building maintenance services. With this, you are ensuring that your mortgage or rent payments continue consistently in your absence, as well as payments for janitorial services and utilities. This form of insurance is a great way to ensure that the physical upkeep of your space is well maintained if you are unable to do it yourself.
Protection of Tax and Professional Service Payments
If you are investing in other professional services to run your business, business overhead insurance is an easy way to ensure that payment for these services continues in your absence. Continuing your payments for these services consistently will also ensure that these services will continue so that your business will never miss a beat with accounting, legal services, or necessary professional subscriptions or equipment rentals for your employees.
Protection of Employee Salaries and Benefits
To keep your business running properly, it is especially important to ensure that your employees are being paid on time and receiving their benefits as necessary. In the event of your absence due to disability or recovery, this form of insurance will allow you to keep paying your employees on time, as well as properly providing their benefits.
Partner with Malden Solutions Today
Malden Solutions has a wealth of expertise 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.