Combine Disability Insurance for Dentists with Business Overhead Expense Coverage

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Since I’m In Practice for Myself, Should I Combine Disability Insurance for Dentists with Business Expense Coverage?

Combine Disability Insurance for Dentists with Business Overhead Expense Coverage

If you're in practice for yourself, or even if you are a partner in a larger practice, you should consider linking dentist disability insurance with business overhead expenses coverage as part of your dentist health program. While maintaining your personal income stream is a top consideration, you are also a businessperson if you are in private practice. And it's wise to think like a businessperson as well as a medical professional.

Should you suffer an injury or illness that renders you unable to practice your specialty, even if you sufficiently protect your personal income stream with disability insurance for dentists, where will the funds come to maintain the following items?

  • Office rent or mortgage payments
  • Utility (electricity, gas, telephone, etc.) expenses
  • Debt service payments for dental equipment
  • Compensation, including taxes, for your employees
When you have recovered from your disability, you want to ensure that you have a practice to return to. By protecting your practice's overhead expenses as part of your insurance for dentists program, you'll have the piece of mind – and the funds – to maintain your practice while you recuperate.

Refer to your insurance policy contract for specific information regarding your coverage and for actual terms, conditions and exclusions. The above statements are general in nature and may or may not reflect the actual terms of your insurance policy.

   

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