Small Business Owners – Is Your Income Protected?

Like family, your employees rely on you to keep the business running and financially healthy. If you become disabled due to illness or injury, how long could the company continue without generating the revenue needed to pay yourself and your employees?

Our disability income insurance (DI), business expense insurance (BE), and the Return of Premium (ROP) Rider offer protection for your paycheck and business.

Father and daughter in their small business

Our disability income insurance (DI), business expense insurance (BE), and the Return of Premium (ROP) Rider offer protection for your paycheck and business.

Income protection for small business owners

You’re laser-focused on staying competitive while keeping your employees and customers happy. With your busy schedule, you might not stop to consider how an illness or injury could affect your own income.

Vector illustration of man thinking

Here’s a common income protection misconception:

“I don’t need DI because workers’ compensation will cover me.”

Workers’ comp is triggered by on-the-job injuries and illnesses that happen due to your work.

DI offers income protection 24/7. If an income-interrupting illness or injury happens on or off the job and prevents you from working, DI pays a monthly benefit that can be used for personal expenses like your mortgage, utilities and groceries.

A backup plan for your business expenses

Vector illustration of two people moving a glass pane towards a building

You watch your business expenses like a hawk. Utilities, marketing costs, cleaning fees and employee salaries add up quickly!

BE could help your business keep going if a disability due to illness or injury stops you from working to earn an income.

The benefit from BE can cover a wide range of fixed expenses, including:

Certain employee salaries¹
Office maintenance and repairs
Lease or rent payments
Property and payroll taxes
And more

Property and payroll taxes
And more

With Illinois Mutual, business owners may be eligible to receive a 5% premium discount on DI and BE premiums² when both policies are applied for together and issued.

What if you never need to use your DI or BE coverage?

The ROP Rider gives you a chance to get back 100% of eligible premiums at the end of your DI or BE policy, minus any benefits paid.³

BE or DI with ROP offers income protection if needed, cash back if not. Plus, Illinois Mutual is currently the only insurance carrier offering an ROP Rider for BE.