Your policy will
pay for business expenses after the elimination period ends.
Not exact matches
My wife is a sole proprietor with very low net income
after business expenses (she has a coaching
business and is also an athlete so her
business pays for the races / travel / equipment / etc she needs).
But, an interest payment from a company is dollar
for dollar deducted from the company's income statement (without tax payable) and is shown as an
expense to the
business vs a dividend can only be
paid out with
after tax money..
If there are funds left in the account
after graduation, that can be used to start a
business or open a practice, cover medical costs, and even
pay for rent and living
expenses.
(3) Within 10
business days
after receiving the assessment of attendant care needs, the insurer shall give the insured person a notice that specifies the
expenses described in the assessment of attendant care needs the insurer agrees to
pay, the
expenses the insurer refuses to
pay and the medical and any other reasons
for the insurer's decision.
It may also include
business interruption coverage, which
pays for lost income and ongoing
expenses after a covered event.