Liability Insurance & Benefits For Dentists, Dental Students and Staff
Customized Insurance. Customized Solutions!
- Practice Liability
- Workers Comp
- New Dentists
- Risk Management
- Cyber Security
Professional Liability Insurance Program For Dentists
We are proud to be the exclusive agent for the Professional Protector Plan® for Dentists in Idaho and Utah. This program was designed by dentists for dentists and offers coverage tailor made to the unique risk of the dental practice. We offer a comprehensive insurance program which was developed specifically for the dental practice by providing insurance protection through professional liability insurance, general liability insurance, employment practice liability insurance, workers’ compensation, and property insurance products.Underwritten by CNA, rated “A” (excellent) by AM Best for financial stability, the PPP has proven to be a stable force in the dental professional liability marketplace.
Let us help provide discount pricing by bundling your property and professional liability insurance into one integrated package. Underwritten by CNA, rated “A” (excellent) by AM Best for financial stability, the PPP has proven to be a stable force in the dental professional liability marketplace and has insured the dental community since 1969.
Disability Insurance For Dentists
As a dentist your most important asset is your ability to earn a prosperous living. Often dentists are unwittingly putting this asset at risk by overlooking or under-planning for the ramifications of a disabling illness or injury. Protect yourself with a disability insurance plan designed specifically for your occupation. Our plans are true own occupation policies, providing monthly disability benefits if you are unable to perform the duties of your occupation, even if you earn money doing something else. Full coverage to lifetime limit.
By working with the strongest portfolio of life insurance companies possible, we provide invaluable assistance to our dentist clients with their business and personal life insurance needs. Between term, whole life, and universal life insurance there are a myriad of choices in the life insurance market. We can help you sort through these choices and analyze your life insurance needs to determine the exact coverage to provide you and your loved ones (or your business) the best protection possible.
Business Overhead Expense
Office Overhead Expense Disability provides a monthly benefit to reimburse you for the costs of maintaining your dental office during a period of your disability. Many lenders, especially if using an SBA loan, will require this type of insurance – at least in the amount to cover their payments. Covered expenses include but are not limited to: Employee Salaries & Ongoing Benefits, Office Rent or Mortgage Payment, Equipment Loans, Utilities, Ongoing Insurance Premiums, Accounting & Legal Fees, and Office Supplies & Postage.
Frequently Asked Questions for Disability Income
1. Why should I be so concerned about a “True Own” Occupation policy?
2. My bank wants me to assign my disability benefit over to them – is this a wise idea?
Workers Compensation For Dental Offices
Businesses with employees in Idaho must have worker’s compensation insurance. We partner with CNA for workers compensation solutions. The reason is simple. The CNA program is designed with coverage tailored to the needs of the dental practice. This program provides needle stick reimbursement coverage, which reimburses dentists who pay for blood tests performed on patients when there is an accidental needle stick to an employee. This program is available in all 50 states with competitive pricing.
Workers Compensation Frequently Asked Questions
1. What is the gross payroll I should report?
2. If I pay my spouse, do I need to include the payroll?
3. Can I just pay for the small claims myself?
Insurance for New Dentists
The Professional Protector Plan for Dentists insurance program is designed to accommodate the needs of new dentists. We offer comprehensive coverage with competitive insurance rates to new dentists starting with our $50 policy and discounts for the next three years following. Our policy includes worldwide coverage.
Insurance for Dental Students
The Professional Protector Plan for Dental Students offers an extensive program designed to meet the needs of students while enrolled in dental school. Protect yourself financially when you perform clinical services and take your board exams. The annual liability insurance premium for our student policy is $25 and will provide liability coverage up to $1million per claim and $3million for all claims during the policy period. The dental student professional liability insurance coverage protects you during your dental training and dental board exams, while our equipment insurance coverage protects your dental instruments, textbooks and equipment.Our policy includes worldwide coverage.
Insurance for Dental Hygienists and Assistants
By purchasing your own personal insurance coverage, you can take ownership in your own liability protection. This policy follows you through any employment change and eliminates coverage gaps. Limits available up to $2,000,000 per-claim/$4,000,000 aggregate.
Comprehensive Dental Risk Management Program
The primary goal of a dentist’s risk management efforts should be to reduce risk of patient injury or dissatisfaction, thus diminishing the likelihood that a malpractice claim is filed. We help facilitate a preventive risk management approach for dentists and their staffs. Risk management information is available to insureds through a variety of ways, including live continuing dental education courses, risk management newsletters, sample letters and forms for dentists and an online continuing education course.
Cyber Security / Data Breach Insurance
Storing sensitive information on your network or connecting to the Internet makes your network a resource that can be easily exploited by criminals. Cyber crime is rapidly coming to the forefront of crimes committed. A cyber criminal can be as close as next door or half way around the world to commit a crime against you or your business. You can be held liable for sensitive information that was retrieved from your data base. Terry Arp & Associates is dedicated to bringing our healthcare clients the latest insurance products to protect their practice.