Checklist: 5 Insurance Mistakes for Practice Owners to Avoid

Don’t make the mistake of not protecting yourself and your practice.

Prepare your practice by understanding the common mistakes surrounding insurance for practices and their owners.

Having a plan set in place to adequately cover your practice against liabilities is crucial for the worst-case scenario that we all hope we never have to encounter. Insurance can be misleading and hard to grasp, so we’ve made a checklist of things you should consider when purchasing your insurance. 

In this checklist, you will receive information about:

  • Personal disability vs. business overhead expense insurance
  • Planning for interruptions
  • Insurance payment premiums
  • Unfunded buy-sell agreements
  • Proper valuation formulas for buy-sell agreements

 

CRN202407-468033

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