What is insurance extra expense?

Answer Business owners protect their companies by purchasing a business owner policy (BOP) that provides coverage for property, liability and business interruption. Extra expense insurance is an additiona... Read More »

Top Q&A For: What is insurance extra expense

What is final expense insurance?

Final expense insurance works like a life insurance policy, but with the intention of paying funeral and burial costs. Also called funeral or burial insurance, final expense insurance can relieve ... Read More »

Is health insurance a business expense?

Health insurance is a business expense and can be deductible if it is common and helpful to your business or trade and if you operate your business to make a profit.References:IRS: Deductible Busin... Read More »

Importance of Final Expense Insurance?

When a death occurs in a family, the pressures of the moment, and the stress, make it an undesirable time to have to think about how to handle the costs of the funeral. The average funeral, accordi... Read More »

Are health insurance premiums a business expense?

If you are paying them for your employees as part of their compensation package, yes, it is a business expense. If it is for yourself, no, it is not a business expense, but it is usually tax deduct... Read More »