Most businessowners and professionals insure against fire, theft and other catastrophies. While some have personal disability income protection and salary continuation plans to protect their earning power, these plans do not cover the costs of keeping the business or practice going during a disability. Advisers can help them consider how to cover rent, employee salaries, phone, utilities, and all the other day-to-day costs of running a business if they become disabled.

Bills don't stop because a businessowner or professional can't work. Creditors may be understanding, even sympathetic, but they can't forgive these obligations. The business may be in jeopardy if it can't keep its doors open, since it can't generate revenue, pay its employees or serve its customers or clients.

Businessowners and professionals have a double burden if disability strikes, since both their personal and business expenses must continue to be paid. A salary continuation plan or personal disability income insurance can shoulder the burden for just pennies on the benefit dollar.

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