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NCMIC announces new group term life product for chiropractors

Chiropractic Economics June 11, 2020

NCMIC logoNCMIC is pleased to announce the latest in their line of products designed to serve doctors of chiropractic: the National Business Association for Chiropractors Group Term Life and AD&D plan.

“We know many chiropractors are small-business owners that don’t have a group term life option through an employer,” said David Siebert, NCMIC President. “Even DCs employed by others may still be searching for additional coverage that’s the right fit for their families and their finances. We developed this product to make sure our DCs and their families are taken care of.”

In addition to offering up to $500,000 in coverage for policyholders and up to $250,000 for spouses, this group term life plan provides a tailored accelerated benefit option (ABO) that allows for an early partial payout of benefits when a policyholder or spouse is diagnosed as terminally ill. The enhanced ABO benefit provides a partial benefit payout for policyholders diagnosed as chronically ill.

Issued by the Prudential Insurance Company of America, the National Business Association for Chiropractors Group Term Life plan was designed specifically with the needs of doctors of chiropractic in mind.

 

About NCMIC

NCMIC was formed in 1946 by a group of doctors of chiropractic with the express purpose of offering malpractice insurance to DCs when no one else would. Delivering on its promise, We Take Care of Our Own®, NCMIC has grown to become the largest provider of chiropractic malpractice insurance in the nation and has expanded its offerings to include business and personal insurance, equipment loans, credit card processing, business credit card, and premium financing. For more information, visit ncmic.com.

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Filed Under: Industry News, Uncategorized

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