As an entrepreneur, you may become incapacitated. This can also happen to one of your employees. There are several ways to mitigate the consequences.
For entrepreneurs
The government does not provide a benefit if you, as an entrepreneur, become incapacitated. You usually can’t afford to be absent for a long time because of illness. This will damage your business and endanger your private income. A disability insurance (AOV) offers you financial security if something happens to you that prevents you from working.
For business partners
It may also be wise to make financial arrangements with your business partner in the event that one of you becomes incapacitated. Because even then, disability insurance can offer financial room.
For your employees
After an employee has been ill for two years, you, as an employer, no longer have to pay a salary. He then applies for a WIA benefit from the UWV. This benefit is usually not sufficient. That is why an employment conditions package often includes a supplementary collective disability insurance.