Like any business, dentists need to have the appropriate amount of liability insurance. Here are three reasons why dentist professional liability is important for any dentist.
Protect Your Practice
It can take years and a lot of hard work to build a practice. If someone names you or your dental practice in a lawsuit, even if you are not at fault, it can be very expensive and time consuming to defend. You don’t want all the effort that has gone into establishing your business to be overshadowed by the cost of defending a lawsuit. When you have dentist professional liability insurance you can rest easy at night.
At some point during your dental career, you may want to work part time. This could happen when you are approaching retirement, and want to scale back on hours at the office, but don’t want to totally stop working. A good dental liability policy is flexible and provides an insurance credit to part-time dentists.
Protect Your Retirement
Retirement typically comes after many years of hard work, and you don’t want to worry about coverage if any lawsuits arise after you have stopped practicing. The best dentist professional liability policies provide free tail coverage upon retirement.
These three examples help highlight the necessity of good dental liability insurance for any dentist. An insurance company that has many years of experience working with dentists is a great choice for helping you get the right coverage.