Overhead Expense Insurance — a form of health insurance that pays the overhead expenses of a business owner in the event of disability, such as rent, utilities, and employee salaries. Coverage under an overhead expense insurance policy usually does not include the salary, fee-drawing accounts, profits, or other remuneration for the insured, nor is coverage provided for a family member, for a member of the insured's profession who substitutes during the disability, or for anyone sharing business with the insured or anyone employed to perform the duties of the insured. Also known as disability overhead expense insurance.