Blog – Page 2

AAO-Endorsed Short-Term Disability and Long-Term Disability Insurance

Just think—if you were unable to work as an orthodontist and earn your current salary, your life would be greatly affected. Could you pay your mortgage, bills and loans? Disability insurance is critical for orthodontists and to meet the need for member orthodontists, the AAO-Endorsed Insurance Program, administered by Lockton Affinity offers Group Disability Income Insurance, underwritten by New York Life Insurance Company. Because there are short-term and long-term disability [...]

By Lockton Affinity|2023-10-31T17:41:05+00:00October 31, 2023|AAO insurance information, Life insurance|

Introducing Quick Decision: A New AAO-Endorsed Insurance Program Benefit

As part of our dedication to improving the AAO-Endorsed Insurance Program and ensuring it continues to meet the needs of orthodontists like you, we always look for improvements and additional features to add to our policies and program as a whole. We are thrilled to announce a new benefit launching at the end of September—Quick Decision, a faster application process that, in most cases, does not require a medical exam [...]

By Lockton Affinity|2023-09-06T00:51:11+00:00September 6, 2023|AAO insurance information, Life insurance|

Why Life Insurance May Be Required for Orthodontists to Secure a Business Loan

Like the majority of car dealers require drivers to have auto insurance before purchasing and driving a new vehicle off the lot, most lenders require business owners to have life insurance before borrowing a high-value loan to open a practice. Having a life insurance policy in place shows the lender that, should you pass away unexpectedly, the amount of the loan could be paid back. Read on to learn more [...]

By Lockton Affinity|2023-07-10T13:49:54+00:00July 10, 2023|AAO insurance information, Life insurance, Practice insurance|

Common Insurance Questions When Starting an Orthodontic Practice

Starting an orthodontic practice leads to a lot of questions. Should I buy a current practice from another orthodontist, or should I build my practice from scratch? Do I want the responsibilities and freedom of my own practice? Are my finances in order? Something to consider in your practice ownership journey is insurance for yourself and your business operations. Common Insurance Questions When Starting an Orthodontic Practice Before practice [...]

By Lockton Affinity|2023-05-11T01:29:49+00:00May 11, 2023|Uncategorized|

The Various Career Paths of Orthodontists

The field of orthodontics has several potential pathways an orthodontist’s career might take. You may work for a practice, own your own practice, join a group practice, join a DSO or OSO or find that you’ve worked in a combination of these paths by the end of your career. As an example of how one orthodontist’s career can change throughout the years, we talked to AAO-member orthodontist and Board of [...]

By Lockton Affinity|2023-03-20T16:32:32+00:00March 20, 2023|Disability insurance, Life insurance, Practice insurance, Residents|

FAQs about Insurance for DSO and OSO-Employed Orthodontists

Whether just entering the workforce or many years into their career, many orthodontists are facing the decision to affiliate with an orthodontic service organization (OSO) or dental support organization (DSO). If you are faced with this decision, it's important to understand how this change impacts how you insure yourself, your career and your future. Your new employer will likely provide certain insurance policies and other benefits, but there are still [...]

By Lockton Affinity|2023-01-23T15:35:39+00:00January 23, 2023|Insurance tips|

How Your Insurance Needs May Change throughout Your Career

As you progress in your career, your insurance needs may change. From residency to retirement, the AAO-Endorsed Insurance Program, administered by Lockton Affinity, provides access to a variety of insurance policies that can help safeguard you, your family and your practice throughout it all. You choose to go into orthodontics According to the AAO, after at least 10 years of higher education, the average first-year orthodontist carries over $560,000 in student loan [...]

By Lockton Affinity|2022-12-08T18:10:26+00:00December 8, 2022|AAO insurance information, Insurance tips|

How to Choose Insurance for Your Practice

With so many insurance options in the marketplace, it can be overwhelming to pick an insurance company to work with and insurance policies to protect your business. The American Association of Orthodontists has partnered with Lockton Affinity as the administrator of the AAO-Endorsed Insurance program to meet the needs of orthodontists like you. It can be beneficial to think about how to select the insurance partner and policies that best [...]

By Lockton Affinity|2022-11-04T20:57:33+00:00November 4, 2022|Insurance tips, Practice insurance|

Understanding Workers’ Compensation for Your Practice

You make every effort to provide a safe environment for your staff and patients, but accidents can still happen. To protect your practice from the costs associated with employee injuries, you need Workers’ Compensation coverage from the AAO-Endorsed Insurance Program. Workers’ compensation is legally required for doing business in most states. Without the proper workers’ compensation insurance, your practice could face legal consequences for noncompliance. Lack of coverage also places [...]

By Lockton Affinity|2022-10-13T20:22:47+00:00October 13, 2022|Insurance tips, Practice insurance|

Complimentary Risk Evaluation through the AAO-Endorsed Insurance Program

AAO members have access to insurance products from the AAO-Endorsed Insurance Program, administered by Lockton Affinity. As part of the program, member orthodontists have access to Lockton Affinity’s highly trained, personal insurance representatives who understand the risks and exposures you face as an orthodontist. As you get started with your insurance from the AAO and Lockton Affinity, you can schedule two complimentary meetings with Lockton Affinity’s representatives—a 15-minute introductory meeting [...]

By Lockton Affinity|2022-09-14T16:10:22+00:00September 14, 2022|AAO insurance information, Insurance tips|

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