Disability Insurance for Married Residents: How to Protect Two Incomes
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . How married resident couples should coordinate disability coverage: training-rate discounts
Why Life Insurance Is a Love Letter to Your Family
Story at-a-glance Life insurance is a gift of love that keeps your family safe. It helps your family stay steady if something happens to you.
If I Buy a Cheaper Policy, Am I Sacrificing Important Features So It Might Not Pay When I Need It?
Story at-a-glance Cheaper policies often cut key features that doctors need. Group and association plans look cheap but can change, end, or tax your benefit.
Resident Spotlight: How One Doctor Saved $27,000 by Applying in Training
Story at-a-glance Residents get special disability discounts that can cut costs for life. Megan applied in training and locked in lower rates and strong own
5 Signs It’s Time to Update Your Life Insurance Plan
Life changes fast — especially for doctors and dentists. Your income grows. Your family grows. Your responsibilities grow. But most people forget to check whether
How to Review Your Disability Policy Each January
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . A 10-minute annual checklist for physicians and dentists: how to
What Is Own-Occupation Disability Insurance and Why It Matters
Story at-a-glance Own-occupation coverage protects your specialty. You’re paid if you can’t perform your medical duties, even if you work elsewhere. It defines “disability” correctly.
How to Protect Your Practice (for Self-Employed Doctors)
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . Self-employed doctors need four kinds of disability protection, not one.
Life Insurance vs. Disability Insurance: What’s the Difference?
Story at-a-glance Both protect your income. Life insurance helps your family if you die; disability insurance protects your paycheck if you can’t work. Different payouts.
What Happens if I Change Specialties, Reduce Clinical Time, or Go Into Non-Clinical Work — Will My Policy Still Protect Me?
Story at-a-glance Your policy follows you. It’s yours, not your employer’s. Claim = your job at that time. Coverage keys off the work you do
Should You Increase Your Disability Coverage for the New Year?
Story at-a-glance Your income likely grew. If your benefit didn’t, you’re underinsured. Disability coverage should grow with your career. Check it annually. Use your Future
The 7 Biggest Financial Mistakes Doctors Make in Their 30s
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . Your first attending paycheck feels like freedom after years of