Group Business Overhead Expense Insurance Plan

If you were to become disabled, what would happen to your practice? You may have enough disability insurance to cover your personal needs during this period, but how will you pay your office expenses?

The AAD Business Overhead Expense Insurance Plan is designed to help solve this problem. It can pay up to $10,000 monthly during a covered disability to help provide the necessary funds for office expenses. It can help avoid using your personal savings or diverting your regular disability benefits to stay in business.

The cost of this coverage is very competitive due to AAD's group purchasing power.  Premiums can be deducted as a business expense under current IRS rules, if you are self-employed. Of course, tax considerations should be discussed with your attorney or accountant for specific details.

Summary of Benefits

  • Benefit amounts up to $10,000 a month (in $100 increments) are available
  • Benefits for total disability due to an injury or sickness payable for up to 24 months per occurrence
  • Underwritten by The United States Life Insurance Company in the City of New York

Plus…

  • Benefits are paid directly to you
  • Includes Waiver of Premium and Survivor benefits

Would you like more information?

For more information about this plan, including costs, exclusions, limitations and terms of coverage, view below. Plan not available in Alaska, Colorado, Louisiana, Maryland, Minnesota, New Hampshire, New Mexico, Oregon, South Dakota, Utah and Vermont.

 
 Group Business Overhead Expense Insurance Frequently Asked Questions
 Group Business Overhead Expense Insurance Rates

 
Select Your State to Apply:
 

 California Application  Missouri Application
 Florida Application  New York Application
 Indiana Application  North Carolina Application
 Kentucky Application  North Dakota Application
 Maine Application  All Other States Application

Have Questions?
If you have additional questions, call toll-free at: 1-888-747-6866 or if you prefer, complete a contact us form and send it to us. We will do our best to respond to your inquiry or comment immediately.

This plan is underwritten by The United States Life Insurance Company in the City of New York, NAIC No. 70106 domiciled in the state of New York with a principal place of business of 175 Water Street, New York, NY 10038. It is currently authorized to transact business in all states, plus DC, except PR.

Policies issued by The United States Life Insurance Company in the City of New York (US Life). Issuing company US Life is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). Products may not be available in all states and product features may vary by state. Policy #G-610,052, Form # G-19000.

This summary is a brief description of benefits only and is subject to the terms, conditions, exclusions and limitations of the group policy.

The most prominent independent ratings agencies continue to recognize the United States Life Insurance Company in the City of New York in terms of insurer financial strength. For current insurer financial strength ratings, please consult the Web site at www.aig.com/investor-relations

The underwriting risks, financial and contractual obligations and support functions associated with the products issued by The United States Life Insurance Company in the City of New York (United States Life) are not the responsibility of Affinity Insurance Services.

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