In no particular order:
- Complications of pregnancy
- Mental Nervous Disorder
- Back, etc.
This will depend on what pre-existing conditions you have. Most minor well controlled pre-existing conditions will not stop you from being able to purchase a disability policy. Depending on your medical history some policies are offered with exclusions, ratings, or limited benefit periods to protect the insurance company from a existing condition. Only speaking with your agent and completing your medical underwriting can determine your own personal situation.
- Complete an Application. This usually takes about 7-10 minutes with your Doctor Disability Shop Agent.
- Schedule a short 20 minute medical exam.
- Complete a Phone Interview. If you are applying for over 5,000 a month of total monthly benefit then the insurance carrier will request that you complete a phone interview.
- Provide income documentation. If you are applying for over 10,000 of benefit the insurance carrier requests 2 years of your most recently filed tax returns with all schedules along with 2 years of your practice returns if you are self-employed and file a separate return. If you are applying for 10,000 or less the insurance carrier will request a pay stub, W-2, or your most recently filed tax return. However, if you are a business owner, you must supply the insurance carrier with your tax return and business return for the last year.
Because your Medical Association is not offering true own specialty coverage. See our about disability link to read about the difference between the available definitions of disability insurance. Your medical association plan is also not guaranteed. The rates will likely increase and the policy can be canceled or changed by the insurance carrier at any time. You will likely end up spending more with your Medical Association policy after all your rate increases. There are also many other reasons why. Please contact us to find out more.
Depending on how much group you have and what your current income is you should consider purchasing your own individual policy. Individual policies are not taxable. Most group plans are taxable. Most Group Plans are not considered to have a true definition of “Own Specialty”. Check out our about disability link to see the difference between the available definitions of disability. Group Plans are also not guaranteed. They can be cancelled, rates can increase, and they might not be portable.
Approx. 20 – 30 minutes
A licensed nurse or doctor. They will contact you to arrange a mutual convenient time to meet you at your place of choosing.
Depending on the benefit amount you are applying for an EKG might be needed. They draw blood, take urine, and repeat the medical questions that you went over with your agent when you completed your application. They will also weigh you, take your blood pressure, and pulse.
Your Drivers license or government issued I.D. The Names of all your medications and be prepared to provide the examiner with a brief description of why you take these medications and what your pre-existing health issues are. Please also be prepared with the name, address, and contact phone number for your physicians.
Depending on how much group coverage you have and what your Adjusted Gross Income is, yes. Group Coverage might limit how much individual coverage you are allowed to purchase.
We know doctors. We only work with you. We have exclusive discounts for disability insurance benefits. You will save between 15-20% per year by utilizing the discounted programs that we have helped establish. We work with every available insurance carrier and we know everything there is to know about protecting a doctor’s financial well being. We offer expedited and simple underwriting methods that guarantee to get your policy approved faster then anyone else. We work with the top underwriters and have direct relationships with them. This means you can rest assured that you are not just a number to your underwriter. We have spoken with him/her directly and informed him of your personal situation. Nobody will get a better rate, we will use every means possible to negotiate the best offer on your behalf. We are a true product of underwriting.
Yes. We keep in touch. We ask that you follow our website and social media links to keep up to beat with what’s going on in the insurance field as it relates to physicians. We will contact you to review all Future Purchase options and Automatic Increase options on a yearly basis.
Because the Doctor Disability Shop Has established a discount at one of the facilities or associations that you are affiliated with.
No. It’s the same exact benefit. Just less expensive because of certain Hospital, Association, or business affiliations you have.