Office overhead expense protection

Protect the practice you've worked so hard to build

As a physician, you’ve already realized the vital need for disability insurance. However, your personal disability insurance only covers your personal income. What about the portion of your income that is used to pay your overhead expenses?

For example:
Monthly gross income: $ 60,000.00
Monthly overhead: $ 40,000.00 Can be covered by office overhead expense insurance
Monthly personal income: $ 20,000.00 Can be covered by your personal disability insurance

Look around your office and think of all the monthly expenses required to keep your practice thriving:

Employee salaries
Office rent
Various loans
Taxes, heat, electricity
Etc.

… coverage a physician can't
afford to be without …

As is the case with your personal income, it is important to insure your overhead since business expenses are not going to stop should you become disabled. For example, you will have to continue making rent payments and paying telephone bills.

What will happen to your employees’ salaries; will you be forced to lay off staff?

With overhead expense insurance coverage, you are also protecting your personal savings and your practice. In fact, it'sthe only insurance designed specifically to keep your business functioning while you're disabled. Should you become disabled, having this kind of coverage could make the difference between keeping your practice running or having to shut it down permanently. As a physician running a business, this protection is coverage you can't afford to be without.

› Key clauses that should be found in a disability insurance policy

› Why You Need Disability Insurance & Disability Statistics

› Information about Insurance Plans Sponsored by Your Professional Association

To obtain a quotation for office overhead expense insurance click here