What type of insurance provides coverage for necessary business overhead expenses if the business owner becomes disabled?

Business overhead expense insurance is specifically designed to cover the essential expenses incurred by a business when the owner becomes disabled. This type of insurance helps ensure that ongoing business costs—such as rent, utilities, and employee salaries—are met despite the owner's inability to work. By providing this coverage, the insurance ensures that the business can continue operating, allowing for a smoother transition once the owner is able to return to work.

The other types of insurance mentioned do not serve this specific purpose. Personal disability insurance typically provides income replacement for individuals, but it does not cover business overhead expenses. Workers' compensation insurance covers medical expenses and lost wages for employees who are injured on the job, but it is not directly related to the business owner's disability. General liability insurance protects a business against claims of injury or damage to third parties but does not address the financial impact of the business owner's disability on operational expenses. Thus, business overhead expense insurance uniquely fulfills the need for maintaining business operations during the owner's absence due to disability.