Group Business Overhead Expense Insurance Plan

If you were to become disabled, what would happen to your practice? You may have enough disability insurance to cover your personal needs during this period, but how will you pay your office expenses?

The AAD Business Overhead Expense Insurance Plan is designed to help solve this problem. It can pay up to $10,000 monthly during a covered disability to help provide the necessary funds for office expenses. It can help avoid using your personal savings or diverting your regular disability benefits to stay in business.

The cost of this coverage is very competitive due to AAD's group purchasing power.  Premiums can be deducted as a business expense under current IRS rules if you are self-employed. Of course, tax considerations should be discussed with your attorney or accountant for specific details.

Summary of Benefits

  • Benefit amounts up to $10,000 a month (in $100 increments) are available
  • Benefits for total disability due to a covered injury or sickness payable for up to 24 months per occurrence
  • Underwritten by New York Life Insurance Company


  • Benefits are paid directly to you
  • Includes Survivor benefits

Would you like more information?

For more information about this plan, including features, costs, eligibility, renewability, exclusions, limitations and terms of coverage, view below. Plans currently not available in Delaware, Louisiana, Maine, Missouri, New Hampshire, Nevada, Ohio, Oregon, South Dakota, Texas, Utah, Vermont, Virginia, and Washington.

Group Business Overhead Expense Frequently Asked Questions
Group Business Overhead Expense Rates
Group Business Overhead Expense Application

Have Questions?

If you have additional questions, call toll-free at 1-888-747-6866 or if you prefer, complete a contact us form and send it to us. We will do our best to respond to your inquiry or comment immediately.

This plan is underwritten by New York Life Insurance Company, NAIC No. 66915 domiciled in the state of New York with a principal place of business of 51 Madison Avenue, New York, NY 10010. It is currently authorized to transact business in the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group plans it underwrites are available in all states.

New York Life Insurance Company is one of the oldest and most dependable life insurance companies in the world and has achieved the highest ratings possible for financial strength currently awarded to any life insurer from all four of the insurance industry’s major rating agencies – Moody’s (Aaa); A.M. Best (A++); Fitch (AAA); Standard and Poors (AA+) – Source: Individual Third Party Ratings Reports (as of 8/6/16)

This summary is a brief description of benefits only and is subject to the terms, conditions, exclusions, and limitations of the group policy issued to the American Academy of Dermatology under Group Policy No. G-30379-0/GMR-FACE.

The underwriting risks, financial and contractual obligations and support functions associated with the products issued by New York Life Insurance Company in the City of New York (United States Life) are not the responsibility of Affinity Insurance Services.