Are you a new-to-practice dentist that is in need of professional malpractice insurance or are you an established dentist simply looking to save some money on this coverage while utilizing the services of a company who has been continuously operating in our state for almost 40 years now? Either way, contact the SCDA office between now and the end of September for a free quote on this vital coverage and in return receive a $25 Amazon gift card just for obtaining a quote.

While gifts are good, the real reason you should look into placing your coverage through the SCDA Member Benefits Group is that our carrier has closed more South Carolina claims without payment than any other medical professional liability carrier and it has won over 90% of their cases that have actually made it to trial. More providers in our state place their professional liability coverage with them than any other carrier and they are the only carrier endorsed by all three of the state's leading medical professional associations.

Call the SCDA office at 803.750.2277 or reach Deanna Slomzenski via email at ski@scda.org and ask about your free $25 Amazon gift card.

I would be remiss not to add that the company we work with is the only medical professional liability carrier with a full staff of underwriters and claims experts located HERE in South Carolina.

Again, while being awarded a $25 Amazon gift card simply for getting a free quote is certainly nice, there are many more significant reasons for contacting the SCDA Member Benefits Group today regarding your malpractice insurance coverage.

As a successful dentist, you most likely have built up a considerable estate. Some plan on leaving a legacy to their loved ones, donating to a charity or maybe traveling the world, but a proper estate plan should also include an analysis of long term care and how the care would be paid for. In South Carolina, the average cost for a private room in a nursing home facility is roughly $73,000 annually. In 20 years, that cost is projected to rise to around $130,000 annually.

While some families can afford to pay for 3 to 5 years of coverage for one person without causing serious damage to their nest egg, long term care can have a devastating financial impact, especially when a husband and wife both need care or if care lasts longer than 5 years. The total long term care cost could exceed $1,000,000 and without proper planning, could diminish what plans you had for a legacy. The need for a viable asset protection tool, such as long term care insurance, is readily apparent.

When it comes to Long Term Care insurance, you have many options. The two most common options are Traditional LTCi,where you pay a premium until you need the care. The second option is Asset Based LTCi which is linked to an Annuity or Life Insurance plan. These plans are great if you plan on self-insuring, because it lets you take money that you have already set aside for long term care and leverage it into a benefit often 3-5 times the amount of your premium payment. To find out which type of LTCi makes sense for you, please contact one of the specialists at Withers Crest by clicking here.