BUSINESS OVERHEAD INSURANCE

Protect Your Practice — LET US FIND WHAT TRULY WORKS FOR YOU

If you suffer a disability, is your business protected?. Your most valuable asset is your ability to perform your specialty, and that is why you buy disability insurance. However, if you own your own practice, or are responsible for at least a portion of the expenses associated with your business, you need a policy that pays the bills until you are back at work.

You have disability insurance to protect your income should a sickness or injury prevent you from performing the duties of your medical specialty. But where does the money come from to pay your staff, rent, mortgage, utilities, and who’s going to be in charge of caring for your patients while you are taking care of your health to get yourself back to work?

That’s where business overhead disability insurance comes in. Business Overhead Insurance coverage is designed with short waiting periods and can be used to pay for all the expenses associated with running your practice, such as:

  • Health insurance premiums
  • Staff expenses
  • Rents and mortgages
  • Medical supplies
  • Utilities
  • Costs associated with hiring another physician

Protection for your practice and your staff

The costs to run your business can be $10,000 – $100,000 per month or more, depending on the size of your practice. A 12-month disability might not be the end of you, but it could be the end of your practice.

Business Overhead Insurance is relatively inexpensive, and if you purchase it from the right carriers is also considered to be Own Specialty coverage. This means you can remain involved in your practice while collecting your benefit. The premiums are tax-deductible to your business.

Business Overhead Insurance is relatively inexpensive, and if you purchase it from the right carriers is also considered to be True Own Specialty coverage. This means you can remain involved in your practice while collecting your benefit. The premiums are also tax-deductible to your business.

Business Overhead Insurance for Doctors

Currently only 6 carriers offer an Own Specialty Business Overhead disability policy and we work with all of them.

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Doctor Insurance Group