Does it matter if I list my practice as a DBA (doing business as), a PC (private corporation), or LLC (limited license corporation) or partnership?
It does not matter. The Trust-sponsored Professional Liability Policy will cover you and all members of your group no matter what listing you use for your group structure. However, it is important that if you list yourself as a group, and have multiple mental health professionals delivering services under a group name, you must list everyone (excluding support staff such as clerical employees) under the same group policy. Additionally, if you are using multiple practice names, you must list them all on your application.
It does not matter. The Trust Sponsored Professional Liability Policy will cover you and all members of your group no matter what listing you use for your group structure. However, it is important that if you list yourself as a group, and have multiple mental health professionals delivering services under a group name, you must list everyone (excluding support staff such as clerical employees) under the same group policy. Additionally, if you are using multiple practice names, you must list them all on your application.
Related Questions
- My business entity (Corporation, LLC, Partnership, etc) is entirely passive and/or dormant and it is just paying a minimum tax to the Secretary of State. Is it required to get a license?
- Does it matter if I list my practice as a DBA (doing business as), a PC (private corporation), or LLC (limited license corporation) or partnership?
- When does a corporation or limited liability company (LLC) file a doing business as (DBA)?
