You Need Dental Practice Business Insurance. You Probably Don't Have It.
You Need Dental Practice Business Insurance. You Probably Don't Have It.
You Need Dental Practice Business Insurance. You Probably Don't Have It.
You Need Dental Practice Business Insurance. You Probably Don't Have It.
Most dental practices have malpractice coverage. Almost none have business interruption insurance, property insurance, or key person insurance.
Your practice manager quits. Suddenly you're scheduling appointments yourself. Practice revenue drops 20% while you backfill. No income replacement.
Your building floods. You're dark for 3 months. Who pays your overhead. Your malpractice policy doesn't.
Key person insurance: if you die tomorrow, your spouse gets the death benefit and can pay staff while the practice sells. Without it, the practice closes and your family gets nothing.
Most practices are underinsured on purpose. "We'll handle it." You won't. You'll be desperate.
A comprehensive package for a solo practice: malpractice $1M (you already have this), disability $3K/month (100/month), property + business interruption ($500/year for $500K coverage), key person $500K ($150/month).
Total: $2,500-$3,500/year. One bad event and you're protected.
Stop gambling with your family's security.
Sources:
- Dental Office Insurance | Travelers Insurance: https://www.travelers.com/small-business-insurance/healthcare-practices/dental-office
- Cost of Dental Practice & Dentist Business Insurance: Free Quotes: https://www.insureon.com/healthcare-professionals-business-insurance/dentists/cost
- Insurance for Dentists | Dental Practice Insurance: https://www.thehartford.com/business-insurance/dental-office-insurance