AssurityBalance® BOE Disability Income
Business Overhead Expense Disability Income Insurance
To be eligible for coverage, the business owner must:
- Own the business for at least one year – tax documents required as proof
- Actively work full-time – at least 30 hours per week – in the ownership, management and administration of the business
- Have a net profit of at least $10,000 for the prior year; and
Not be operating the business from their home
Benefit Amounts: $500 through $20,000 monthly in $5 Increments
Renewability: Guaranteed Renewable to Age 65; Conditionally Renewable to Age 70
Occupation Classes: 4A, 3A, 2A
Issue Ages: 18-60 (Age Nearest Birthday)
Underwriting: Non-tobacco (no use of tobacco or nicotine-based products or substitutes within the last 12 months) and Tobacco
Elimination Period: 30, 60, or 90 days
Benefit Period: 12 Months or 24 Months
Issue Limitations: Available through Table 4
Basic Policy Provisions: Total Disability Monthly Benefit, Partial Disability Benefit, Presumptive Disability Benefit, Survivor Benefit, Rehabilitation Benefit, Waiver of Premium
Conversion option available
Sales Tools
Audience | Document | Updated | Link |
---|---|---|---|
Producer Use Only | Quotes | 02/23/2024 | Click Here |
Producer Use Only | Forms | 04/24/2024 | Click Here |
Producer Use Only | Multi-Carrier Underwriting Guide | 04/05/2024 | Click Here |
Product Resources
Audience | Document | Updated | Form Number | Link |
---|---|---|---|---|
Producer Use Only | Occupational Guide | 11/08/2023 | 16-002-02251 | Click Here |
Producer Use Only | Assurity Disability Income Products Overview | 11/08/2023 | 15-072-02251 | Click Here |
Producer Use Only | Interactive Occupational Guide Link | 11/08/2023 | Click Here | |
Producer Use Only | Product Highlights | 11/10/2023 | 15-051-02211 | Click Here |
Producer Use Only | Impairment Guide | 12/04/2023 | 16-129-02251 | Click Here |
Producer Use Only | Producer Guide | 11/10/2023 | 16-105-02211 | Click Here |
Producer Use Only | Interactive Underwriting Guide Link | 11/10/2023 | Click Here | |
Producer Use Only | All Products Quick-Reference Guide | 11/08/2023 | 15-335-05051 | Click Here |
Producer Use Only | Assurity Individual Product Portfolio | 11/08/2023 | 15-274-05051 | Click Here |
Producer Use Only | Interactive Product Guide Link | 11/10/2023 | Click Here | |
Producer Use Only | State Specific Information | 11/10/2023 | H651-0113 | Click Here |
Producer Use Only | Sample Policy | 11/10/2023 | A-D 106 | Click Here |
Consumer Use | Consumer Flyer | 11/10/2023 | 15-052-02211-18 | Click Here |
Consumer Use | Small Business Owners Consumer Brochure | 11/10/2023 | 15-357-022001-18 | Click Here |
Dedicated Team
2024 fmiAgent Point Awards
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