What happens to your veterinary practice if you’re unable to work?
Many practice owners focus on personal disability insurance, but often overlook how a disability could impact their practice, employees, business partners, and long-term business value.
In this episode, Florida Veterinary Advisors co-founders Tom Seeko and CJ Burnett discuss the three areas of disability planning practice owners should understand:
• Individual Disability Insurance (IDI)
• Business Overhead Expense (BOE) Insurance
• Business Buyout (BBO) Insurance
They explain how each type of coverage works, common gaps they see among practice owners, and why reviewing existing coverage may be one of the most important conversations a business owner can have.
Whether you’re a solo owner or have partners, this episode highlights practical considerations that can help protect your practice when the unexpected happens.
Smarter Vet Podcast-https://flveterinaryadvisors.com/smarter-vet-financial-podcast/
Watch the no cost 5-part video course to review your finances and see where you could be doing better in your finances:
5 Foundational Steps to Financial Balance Video Course-http://series.flvetadvisors.com/
Find out what you could be overlooking within your practice by taking our brief assessment:
Test My Personal Financial IQ-https://flveterinaryadvisors.com/personal-test/
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