• Receive a monthly benefit for up to a year for certain business expenses incurred while you’re Totally Disabled.
• Choose a Waiting Period of 14 or 30 days.
• Premiums are automatically waived while you’re receiving benefits.
• Recurring disability benefit continues a previous claim with no new waiting periods if the same disability recurs within a certain period.
• Death benefit of up to $30,000 should you die while you hold this cover.

How much insurance can you apply for?

You can apply for Business Expenses insurance up to $60,000 per month.

What is a business expense? 

The covered expenses are the reasonable and regular normal operating expenses of the business you own and manage, including:

• rent or mortgage payments
• property levies, rates and taxes
• equipment or vehicle lease costs
• electricity, heating and water costs
• cleaning and laundry costs
• depreciation on office equipment and premises that the business owns
• salaries of employees not generating business income
• costs of accounting services
• fees for memberships of professional associations
• business insurance premiums
• net cost of a locum (a person engaged to work in your business as a direct replacement for you). 

Funding options

Business Expenses insurance is available outside super only.

You can apply for the following option at an additional cost:

• Business Expenses with Platinum option: if you’re entitled to a Partial Disability benefit, you'll receive a proportion of the monthly benefit if you become Partially Disabled.