Revolutionize Dental Practices with D&O Insurance High Limit
Real-World Examples and Pricing Context
Consider a scenario where a dental practice faces a lawsuit due to alleged mismanagement of funds. Without D&O insurance, the practice could incur significant legal costs and potential settlements, jeopardizing its financial health. However, with a high-limit policy in place, these costs are covered, allowing the practice to focus on its core operations.
In terms of pricing, the cost of D&O insurance varies based on factors such as the size of your practice, the number of employees, and your claims history. On average, small to mid-sized dental practices can expect to pay between $5,000 and $10,000 annually for a policy with adequate coverage limits1. It's important to compare policies and providers to find the best fit for your specific needs.