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.