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This coverage helps protect you and your personal assets, your practice and your patients. It compensates for damages, loss or injury suffered by the patient, as well as legal defense costs. Since 1946, D.C.s have recognized NCMIC as the malpractice leader. Today more D.C.s rely on NCMIC’s Malpractice Insurance Plan than all other chiropractic malpractice insurance companies combined.
NCMIC wants to make sure you have the insurance you need for your business and personal life. Whether you need business owners', workers’ compensation, EPLI, data breach/cyber liability, auto, homeowners or long term disability insurance, NCMIC can help you find the right coverage at the right price.
Are you adding or upgrading practice equipment? Would you like to save money on credit card processing? Do you need working capital cash or a no annual fee business card that pays you back? NCMIC Finance Corporation can help you achieve your financial goals.
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At NCMIC, we believe that supporting the chiropractic profession is an important part of our heritage. No other insurance provider has provided more support for the profession than NCMIC.
In the past 5 years, NCMIC has attended more than 1,000 chiropractic events including college homecomings, seminars and state/national association conventions. We also offer business training and malpractice risk management seminars and resources to D.C.s as a complement to the education provided by the chiropractic colleges.
For account information on products not listed above, Contact Us by email or at 800-769-2000, ext. 4200
For D.C.s just starting out, or well-established doctors looking to expand, asking the right questions and choosing the right equipment financing can make a big difference when it comes to budgets, balance sheets, and the bottom line. Where you get your financing will matter just as much as the financing option you choose.
Too often, we speak to D.C.s who find out they're locked into financing contracts through banks, vendor-sponsored programs or private finance companies that have unfavorable terms. Coming equipped with the right questions will help you avoid a similar situation.
You are ready to buy new equipment, and now you're looking at how to finance it. What type of loan are you going to get? That's up to you as well as where you apply for a loan. And, the “where” matters more than you might think.
As a consumer in today's borrowing environment, we have certain expectations when it comes to interest rates, for example: 2.9% car financing - 4% mortgage rates - 0% introductory credit card offers. Every borrower looks for the best rate. But with most financing, you need to consider more than just the rate alone.
There are a variety of factors financial institutions will look at when determining credit limits on business credit cards and the amount they will lend you for things like equipment loans. Because D.C.s tend to be sole proprietors who own their own business or they work as associates, lenders use more personal information than you may think.
Obtaining a credit card is a necessity for small business owners like D.Cs. Business credit cards provide a means to keep personal and business expenses separate. Doctors tend to use their business credit card to pay for everyday business expenses like office supplies, lower-priced equipment, monthly services, entertainment tied to business and so on.
Many doctors give special consideration to purchasing and financing equipment as the end of the year approaches. There are a variety of reasons for this, but the response we'll typically hear is it gives them the opportunity to take advantage of tax benefits associated with Section 179 of the Tax Code.
With a roll of your shoulders, you realize you're a little stiff after seeing patients all day. Now, with a shrug, you don't think any more about it. Is it possible that your equipment isn't the right fit?
As you look at equipping your practice, from computers to adjusting tables, you will be faced with decisions on how to finance the equipment. Loan or lease? Which option makes the most sense and would be best for your practice? What are the true costs associated with financing equipment?
You read the professional journals. You listen to vendors. You keep up with trends and latest advancements. You clearly take pride in being up-to-date in your treatment strategies. You have a forward thinking practice.
The information in the NCMIC Learning Center is offered solely for general information and educational purposes. It is not offered as, nor does it represent, legal or professional advice. Neither does this information constitute a guideline, practice parameter or standard of care. You should not act or rely upon this information without seeking the advice of an attorney familiar with the specific legal requirements of the state(s) in which you practice. If there is a discrepancy between the site and an insurance policy you have with NCMIC, the policy will prevail.