Creating a competitive advantage

Why offering premier loss and protection coverage can help patients — and your practice

Your patients trust you.

By offering premier loss and protection coverage, you can provide clarity in the complex insurance marketplace for hearing instruments. Insurance coverage offers consistent quality of care by extending loss, damage and repair coverage. It also provides peace of mind to your patients, improves patient retention and provides a competitive advantage in a shifting marketplace for hearing instruments.

Providing premier loss and protection coverage also creates patient loyalty after the manufacturer’s warranty expires. This “stickiness” can limit the number of patients leaving for a competitor and lessen the likelihood they’ll choose an over-the-counter, low-cost or third-party retailer’s product. Simply put, offering these services keeps your patients engaged with your practice — and not the competition.

Overview: the hearing instrument landscape

ESCO’s coverage options

With the following programs, your patients can extend their loss, accidental damage and normal wear and tear coverage, providing invaluable peace of mind. Practitioners may send repairs directly to the manufacturer or a repair lab of their choice, and upon claim approval, ESCO will cover the cost of repairs during the warranty extension period. Devices must be in good working order and proper physical condition to be insured.

For example, if a patient is an avid fly fisherman who consistently loses or damages hearing aids, ESCO’s premier loss, accidental damage and repair coverage will ensure that the device is repaired or replaced, get the patient back on the water quickly and create an ongoing relationship with your practice.

So protect your patients and watch your practice grow.

PLATINUM PLAN

Accidental loss, damage and repair coverage

The Platinum Plan is a complete insurance coverage plan for your patients’ hearing instruments. This plan provides loss and accidental damage coverage, including 12 months of coverage for normal wear and tear of the device.

Plan Highlights:

One loss and accidental damage beyond repair
12-month repair warranty on normal wear and tear
Term — This is an annual warranty plan (12 months of coverage)
Benefits may be renewed annually

PROTECTION PLUS

Accidental loss and damage only coverage

Protection Plus is an easy and affordable insurance coverage plan for your patients’ hearing instruments. This plan provides loss and accidental damage coverage and can be purchased at any point in the hearing instrument’s life.

Plan Highlights:

One loss and accidental damage beyond repair
Term — This is an annual warranty plan (12 months of coverage)
Benefits may be renewed annually

Interested in learning more?

Please complete the form below or call 1-800-992-3726 to see if ESCO fits with your business. ESCO was founded by audiologists and insurance professionals to fill the void in extended warranties and loss and damage coverage. For over 30 years, ESCO has worked side by side with practices and their patients by servicing warranties and loss and damage coverage. Partnerships with every hearing device manufacturer have allowed ESCO to insure more than 1.2 million devices. ESCO remains the largest independent provider of extended warranties and loss and damage coverage. ESCO is the trusted choice of many practitioners. Our mission is to help patients with hearing devices feel confident in their lifestyle.

Simply complete the fields below and we’ll contact you for a no-obligation conversation to see if ESCO is a fit for your business.

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