Business Overhead Expense Insurance
You’re Seriously Ill. You Can’t Work. What’s Your Plan For Your Practice?
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.
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. It can even help cover the cost of employee salaries and a locum tenens physician - so patients won't have to leave your practice to find care elsewhere.
The TMA Member Business Overhead Expense Plan issued by The Prudential Insurance Company of America offers streamlined underwriting and a generous benefit of up to $50,000 per month.
The plan helps cover typical monthly expenses like rent, salaries, utilities, taxes and the cost of a locum tenens physician to care for patients. In addition, during the entire time the physician is disabled the premiums will be waived.
Contact us today for a free consultation.
Our advisors are available weekdays from 7:30 a.m. to 5:30 p.m. CST to answer your questions and help you get the coverage your practice needs. Call us at 1-800-880-8181.Click to Call