No one likes to look on the dark side. We all tend to think that an accident or serious illness will never happen to us. But where the security of your practice is concerned, hoping is not enough. Quite simply, there is too much at stake. You need to be certain that you would be able to cope with the financial pressures and keep your practice going until you were fit and ready to work again.
That is why Dentist Overheads Expense Insurance makes very good sense. It could prove to be invaluable. Available in two versions, Platinum or Platinum Plus, the cover provides a cost effective way to protect your business. Whichever plan you choose will pay up to £12,500 a month, or 80% of the regular and ongoing expenses of your practice, if an accident or illness stops you from working for more than a month. Benefits will be payable for up to one year of incapacity
Dentists are particularly vulnerable to the financial consequences of a serious accident or illness.
If it happened to you and you could not work, do not forget that many of the practice overheads would still have to be paid. The costs would be considerable. It would be a real struggle to keep up with them, month after month. But the alternative - closing down your practice - does not bear thinking about.