MLC Business Expenses Calculator
This tool can help you calculate your monthly business expenses. It allows you to establish your share of the business expenses that you need to protect.
| Monthly Expenses | |
|---|---|
| Rent/mortgage payments | |
| Property rates and taxes | |
| Equipment or vehicle lease costs | |
| Electricity/heating and water costs | |
| Cleaning and laundry costs | |
| Depreciation of office equipment and premises that the business owns | |
| Employee salaries (not generating business income) | |
| Costs of accounting services | |
| Fees for memberships of professional associations | |
| Business insurance premiums | |
| Other fixed expenses | |
| Monthly Total | |
| What percentage of the total expenses are you responsible for based on your contribution to revenue? | |
| Your monthly Business Expenses benefit | |
| You are not eligible for Business Expenses as the benefit calculated is below the minimum $500 per month required. | |
Note: Minimum monthly benefit is $500 per month.
The expenses we do not cover include:
- payments or other benefits of any kind to you, or to your replacement in the business;
- any expense that was not normally paid for before the disability;
- repayment of the principal of a loan or mortgage that started less than one year before the disability; and
- the cost of equipment or merchandise for your business.
For a premium quotation contact a financial adviser or call MLC on 132 652.
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