New Year, New Goals: Financial Planning Tips for 2025
Story at-a-glance Start 2025 with a financial check-up: Know your income, debt, and savings to build a smart plan. Set clear goals using the SMART
The Financial Consequences of a Needle Stick Injury
Story at-a-glance Needle stick injuries are common—especially in residents, with nearly all surgical trainees affected. Exposure can lead to serious illness like Hepatitis B, C,
What is Guaranteed Standard Issue (GSI) Disability Insurance, and Why Should Medical Residents and Fellows Care?
Story at-a-glance GSI gives you disability coverage with no medical exam—even if you have pre-existing conditions. Perfect for residents and fellows, GSI is fast, hassle-free,
How Do I Choose the Best Disability Insurance Company?
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . A working broker’s guide to evaluating the insurance company itself,
How Do I Choose the Best Disability Insurance Policy?
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . The short answer: the best policy is a true own-occupation,
What is “Guaranteed Renewable and Non-Cancelable” Coverage, and Why is it Important for Doctors?
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . A working broker’s guide to two contract guarantees that are
What is “Own-Occupation” Coverage, and Why is it Important for Doctors?
Story at-a-glance Own-occupation coverage may pay benefits if you can’t do your specific medical specialty—even if you work in another role. Doctors need this protection
How Much of My Income Will Disability Insurance Replace if I’m Unable to Work?
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . Disability insurance is sized off carrier issue and participation grids,
What is Disability Insurance and How Does It Work?
Story at-a-glance Disability insurance replaces your income if you get too sick or hurt to work. Most policies cover up to 60% of income—enough to
Why Do I Need Disability Insurance?
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . The short answer: your income is your largest financial asset,
Disability Insurance for Physicians and Medical Residents
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability. Last updated . Residents and fellows can generally buy $5,000 to $8,000 a
Short-Term vs. Long-Term Disability
Story at-a-glance Short-term disability covers a few months—long-term can last until retirement. Short-term = fast payout, less time; long-term = longer wait, bigger benefit. Group