EDIC Life Cycle

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For more information or if you have any questions, Call Toll Free:
1-800-898-3342 or Request More Info Online.

EDIC Life Cycle:

EDIC Student Life Cycle [Back to the top]

Student / Resident

EDIC – The Place for Malpractice Insurance for Dental Students and Residents

Student dentists and aspiring resident dentists need malpractice insurance to protect them as they practice dentistry. If residents should work off school premises in a private practice setting, they will require a "moonlighting" professional liability policy. EDIC makes that job easy. We have affordable rates to offer this protection.

Other insurances which are offered by EDIC, and their affiliates, EDIA and EDFIA:

  • Auto Insurance
  • Homeowner's or Renter's insurance
  • Term Life Insurance
  • Disability Insurance
  • Medical/Dental Insurance (provided through your Society)

Learn more about our Student / Grad program or contact us if you have any questions

EDIC new professional Life Cycle [Back to the top]

New Professional

EDIC - A Leading Medical Liability Insurance Company for New Dentists

EDIC is one of the leading medical liability insurance carrriers for new dentists. Because we understand how difficult it is to get started in your dental career, EDIC offers the most liberal discount program to new dentists on medical liability insurance.

In addition, because new dentists are in the initial phase of their careers, their personal lives also demand that they have other insurance to cover them in every aspect of their lives. EDIC’s affiliates, EDIA and EDFIA, offer new dentists additional insurance and financial services.

New Dentists Need to Consider These Products:

You are just commencing the practice of dentistry. EDIC, EDIA and EDFIA can advise you on the following:

  • Malpractice Insurance
  • Auto Insurance
  • Life Insurance, Term and Whole Homeowner's Insurance
  • Personal Umbrella Policies
  • Possible Office Insurance
  • IRA Planning
  • Basic Financial Planning and Debt Management
  • Estate Planning
  • Income Tax Planning
  • Insurance and Risk Management Planning
  • Education Funding for Children
  • Design and Implementation of Coordinated Investment Strategies

Contact us if you have questions about any of our products or request information online

EDIC owner/partner life cycle [Back to the top]

Owner / Partner

Dental practice owners or partners have invested in their dentist practices and they own part, or all, of their business.

"The Colleagues' Choice Program"

EDIC through its affiliate, EDIA, has established a commercial insurance package called "The Colleagues Choice Program" that has been created especially for this period of a dentist’s career.

In addition, insurance professionals from EDIA and EDFIA recommend a dental owner/partner have:

  • ERISA bonds
  • Practice Interruption insurance
  • Business Overhead Protection
  • Office Group Insurance Plans/Health Benefits
  • Qualified Retirement Plans 401(k)s or SEPs.

Contact us if you have questions about any of our products or request information online

EDIC mature dentist Life Cycle [Back to the top]

Mature Practitioner

A Mature Dentist or Practitioner Needs Professional Liability Insurance, plus Other Insurance

If you are a mature dentist with a well-established practice, you need to review your insurance coverage at least yearly to ensure adequate protection. In addition to professional liability insurance, EDIC, through its affiliate, EDIA, offers dentists full coverage of their business insurance needs. This may also include hiring associates, sucession planning and retirement planning. For this stage, you will need the following coverages:

  • Malpractice Insurance
  • Auto Insurance
  • Professional Liability Insurance (Increasing limits)
  • Property/Casualty Insurance (Keep pace with your growing practice)
  • Estate Planning
  • Survivorship Insurance
  • Retirement and Estate Tax Planning
  • Buy/Sell Agreements
  • Will/Trust Establishment
  • Income Tax Reduction Strategies
  • Insurance and Risk Management Planning
  • Education Funding for Children

Contact us if you have questions about any of our products or request information online

EDIC retiring dentist [Back to the top]

Retiring Dentist

Retiring dentists need malpractice medical insurance, specifically tail coverage, to ensure that if any malpractice claims are brought against them after they retire, they are covered. In addition to the professional liability insurance coverage, other insurance is necessary to ensure they have a successful exit from their career as a dentist and enjoy their retirement.

EDIC provides free tail coverage for dentists over 50 who have five years of continuous coverage with EDIC. This does not apply to dentists who have occurrence type coverage.

Don’t Wait for this Stage – Plan Years Ahead

This phase of your career needs the most planning. You are retiring, after a long and prosperous career as a dentist. You deserve to enjoy it, but you need to make sure you have the right insurance and financial services in place, so plan ahead.

Other Insurance and Financial Services Recommended for this Stage:

  • Professional Liability Tail Coverage
  • Medicare Supplement
  • Long Term Care Insurance
  • Retirement Distribution Strategies
  • Comprehensive Estate Planning

Contact us if you have questions about any of our products or request information online

For more information or if you have any questions,
Call Toll Free: 1-800-898-3342 or Request More Info Online.