Business Overhead Insurance for Physicians

Business Overhead Insurance
for Physicians

If you become too injured or ill to run your practice, you’ll need funds to meet your routine expenses so that when you come back from your disability you still have a business to come back to. Medical business overhead insurance ensures business continuity while you recover.

What will the policy cover

Business overhead insurance for physicians can help pay for the following expenses:

  • Rent or mortgage payments
  • Employee salaries and benefits
  • Utility bills such as electricity, water, heat, gas, and telephone
  • Property taxes
  • Accounting and legal fees
  • Business insurance premiums
  • Maintenance services
  • Depreciation
  • Interest on existing debts
  • Office supplies
  • Health insurance premiums
  • Staff expenses
  • Medical supplies
  • Salary of locum tenens physician

In addition, your premiums are tax deductible and will be waived throughout the period you are disabled.

When does a medical practice need insurance?

Disability Overhead is important to every privately operated medical practice. It ensures the continuation of a medical practice when a physician or dental provider recovers from a disability. It provides peace of mind to business partners and employees should an unexpected sickness or injury cause an interruption in your ability to work at your practice.

The sooner you start coverage, the lower the premium rates. Additional coverage can be purchased in the future without showing further proof of medical insurability.

Who is eligible for business overhead expense insurance?

A physician or dentist who is owner or part owner of a medical practice whose expenses would continue in the event that a temporary disability prevents an owner from working in his/her occupation.

Your practice is worth insuring with business overhead disability insurance. Business overhead disability insurance covers the costs to run your practice when a disability occurs ensuring that your business will still be there after you recover.


There are 6 insurance carriers still offering True Own Specialty Disability Insurance and we quote them all.

Ameritas – Guardian – MassMutual – Mutual of Omaha – Principal – The Standard

How much does business overhead insurance for medical practice cost?

Premium rates depend on several factors including:

  • Age and sex of the insured
  • Medical specialty
  • Existing medical conditions
  • Benefit inclusions
  • Existing coverage
  • Policy riders
  • Applicable discounts

Attain financial security through InsuranceMD

Increased cost savings

Not many healthcare professionals know that they can enjoy discounts when applying for own occupation disability plans. As your trusted insurance agent, We help you determine which discounts you’re eligible for during the quotation process and ensure you get the best value for your money.

Experienced professionals

Our agents have over 20 years of experience providing physicians and dentists with tailored insurance solutions built specifically for each client’s unique needs. We work closely with carrier underwriters to ensure you receive the best possible underwriting outcome.

If you need more information or to get your free quote,
schedule a call with us today!

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