Employee Benefits

When you own a dental practice, you want the peace of mind to know you can protect yourself for the sake of the business. If you can’t work, then you should at least be able to continue to support your practice.

There are insurance options to protect your personal and business assets if you become incapacitated. With the help of one of our dedicated agents, you can come up with an individual benefits plan that is right for you.

Life Insurance

In the event of your death, how would those who rely on you for financial support be able to move forward? It is imperative that you financially protect your assets and your beneficiaries.

Life insurance is one of those options. If you die, even unexpectedly, life insurance can help you settle debts and provide a source of income to those left behind.

There are many types of life insurance coverage. Generally, they fall into two distinct categories.

• Term Life Insurance: Coverage is not considered permanent. It usually lasts for a period of years, and then requires renewal.
• Permanent Life Insurance: As long as you pay your premiums, you can keep this policy indefinitely. Policies are usually tax-deferred and accumulate cash value over time.

You can use a life insurance policy to assist more than just your family. It can also help you plan your estate settlement or debt repayment. Both of these plans can benefit families and business owners. One of our agents can help you structure a policy that can benefit your practice after you are gone.

Disability Insurance

If an accident incapacitates you, you will still want your practice to continue. While you recover, disability insurance can help both you and your business.

Disability insurance can help you afford medical costs and daily expenses associated with your recovery. If you can't work, you can use this coverage to protect your savings.

Disability insurance also comes in two general forms:

• Short-term Disability: Only provides benefits for a maximum of two years.
• Long-term Disability: Can cover a disabled individual for an extended period, possibly even for the rest of their life.

An additional form of disability insurance is business overhead expense insurance. Coverage can help you afford the general expenses of your practice even when you cannot work. You can make sure your practice continues to operate despite your incapacity.

Get Started Today

We can help you get individual benefits to meet your unique needs. Call Dentistry Planning Partners at (615) 667-6860 if you have questions or want to get started. We are happy to help you get the protection you need.