Business Overhead Expense Insurance
The Four Advantages of Buying Insurance From TMA Insurance Trust
Help Keep Your Practice Healthy
Managing a medical practice comes with big responsibilities. If one of your physicians is not in the office to see patients for an extended period of time – due to a serious illness or injury – the health of the practice could be in jeopardy.
Your Practice May Need Its Own Insurance
Most physicians are aware of the value of disability insurance – to help cover personal expenses if a serious illness or injury prevents you from working. But what about your practice?
Business Overhead Expense insurance is designed to help keep your practice up and running if one of your physicians cannot work due to a serious disability. The plan helps cover typical monthly expenses like salaries, rent, mortgage payments, property taxes, utilities, office supplies, loan payments, and medical equipment. It can even help cover the cost of a locum tenens physician - so patients won't have to leave your practice to find care elsewhere.
In addition, during the entire time the physician is disabled the premiums will be waived.
