Disability insurance. The deductibility of these premiums, is complicated. The IRS permits self-employed taxpayers to deduct "overhead insurance that pays for business overhead expenses you have during long periods of disability caused by your injury or sickness." However, "you cannot deduct premiums for a policy that pays for lost earnings due to sickness and disability." Check with your accountant or other tax advisor to make sure any deductions you take meet IRS requirements.
Also note: If you deduct the premium, any benefits paid from the policy will be considered taxable income. By contrast, policy benefits will not be taxable if you do not deduct the premium, and some taxpayers use this arrangement so that they can receive tax-free benefits if they become disabled. Benefits are also taxable if your employer paid for your disability insurance, rather than if you bought it yourself with your own after-tax dollars.
Read more: Insurance-based Tax Deductions You May Be Missing | Investopedia https://www.investopedia.com/articles/tax/09/personal-business-tax-tips.asp#ixzz5WOT7KuHC
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