When a partner of a medical practice develops a disability their individual and group disability policies protect their income, but they typically do not provide funds to cover business expenses.
It can be devastating to a practice if the disabled partner cannot find a way to cover business expenses while recovering.
Fortunately, healthcare professionals can obtain business overhead expense insurance (BOE) to cover their business expenses in the event of disability.
Make sure your healthcare professional clients have business overhead expense insurance to sustain their practice in the event of disability.
Learn more on brokeradvisor.mgis.com.