Business overhead expense
Overhead insurance for optometry practices.
If illness or injury keeps you from working, this coverage helps pay the practice's fixed bills. Your staff, your lease and your patients are still there when you come back.
The program at a glance
What business overhead expense insurance does.
A disability policy pays you. Overhead coverage pays the practice. It keeps the business side steady so you can focus on getting better.
This program is offered only to optometrists. Your agent shows you the benefit amount and how long it lasts.
- For
- Practice owners
- Helps pay
- Rent, payroll, leases and utilities
- Pays
- The practice, not you
- Available in
- All 50 states
Benefits and terms follow the policy issued to you. Subject to underwriting.
What it helps pay
Which bills overhead coverage helps pay.
A practice has fixed costs every month, whether or not you see patients. Overhead coverage helps with the eligible ones. Common examples are on the right.
Your policy lists exactly which expenses qualify. Your agent walks through that list with you before you apply.
- Rent on your officeMonthly
- Staff salariesEvery period
- Equipment leasesMonthly
- UtilitiesMonthly
- Business insurance premiumsRecurring
It does not pay your own salary. That is the job of individual disability insurance.
Overhead vs. disability
Overhead or disability coverage? Two different jobs.
Many practice owners carry both. One helps keep the doors open. The other helps keep your household running.
Business overhead expense
Pays the practice
- Helps pay eligible fixed business costs
- Built for practice owners
- Benefit length depends on the policy
Individual disability
Pays you
- Replaces part of your personal income
- For owners and associates
- Benefit length depends on the policy you choose
- Preferred pricing for optometrists in this program