Ohio National counts either principal and interest or depreciation and interest as a legitimate overhead expense. Which of these expenses your client chooses to use in qualifying for overhead expenses depends on:

Exactly which approach is preferable depends on the age of the asset and the age of any financing. Knowing the accounting details will help in deciding if a BOE policy is appropriate for your business clients, and it will help you both decide later when discussing other needs, including salary continuation and buy-sell.

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Ohio National is not affiliated with, nor does it endorse or sponsor, any particular prospecting, marketing or selling system.

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