Physicians always ask how much disability insurance they should have. In most professions you are allowed to have a total of 60% of your adjusted gross income protected with individual disability insurance. Attached to this post is a chart of the amount of individual coverage a physicians is eligible for based on his/her income. These […]
Physicians always ask how much disability insurance they should have. In most professions you are allowed to have a total of 60% of your adjusted gross income protected with individual disability insurance. Attached to this post is a chart of the amount of individual coverage a physicians is eligible for based on his/her income. These […]
As a physician, your most valuable asset is your continued ability to perform the every day duties of your medical specialty allowing you to continue to work and earn an income. 4 years of school for an undergraduate degree, 4 years of Medical School and 3 to 7 years of residency/training… There is no other […]
Florida Hospital Physician are now eligible to save 50% on premiums for individual long term specialty specific disability insurance. The post Special Discount Available for Doctors of Florida Hospital appeared first on Doctor Disability Shop.
Despite what your North Western Mutual Agent tells you – North Western Mutual Does not and has not offered a true own specialty policy in almost 2 decades. Their medical occupation definition of disability contains the following language: “The Insured is totally disabled when both unable to perform the principal duties of the regular occupation […]
We’ve been working with physicians for more than a decade and we’ve researched and studied every sort of disability insurance policy available to physicians. We’ve learned something about doctors and their understanding of disability insurance that is getting them in trouble with the policy they end up purchasing. And we wanted to take a few […]
As a doctor, you don’t like to think about the possibility that you could ever be disabled, or even lose the ability to work in your chosen specialty. But to work as a doctor is to see this happen every day in the lives of other people. If an accident or illness were to happen […]
Disability Insurance is an important way to protect yourself and your family from going into an economic crisis in the event that you become disabled or ill. These insurance programs pay out a cash benefit while you are unable to work. However, if you are concerned about your ability to get back on your feet […]
Preparation is key in the life of a medical professional. Doctors spend their college years preparing for exams, their years in residency preparing for patients, and by the time they arrive at their working years, it’s time to start preparing for retirement. Some doctors experience financial turmoil as young adults, accumulating loans and bills as […]
Traditionally, physicians are a financially conservative group. They ensure that life and health insurance are securely in place, manage investments wisely and plan for a golden retirement. However, more often than not, they may unwittingly put themselves in harm’s way by overlooking or under-planning for the ramifications of a disabling illness or injury. What if […]
