Think of disability insurance like maintaining a healthy blood pressure - you're doing it to prevent a serious problem, not because you want to use it. Let me share some insights about why "never using" your disability insurance is actually the outcome you should hope for, along with some real
Do I Really Need Disability Insurance Now?
As a resident physician, you’ve got plenty on your plate—long shifts, mounting student loans, and the pressures of training. With so much going on, it’s easy to push financial planning to the back burner, especially when it comes to disability insurance. Many residents think they can wait until
Transitioning to Full-Time Practice: Managing Your New Income
The Shift in Income Transitioning from residency or fellowship to full-time practice comes with a major increase in income. While it’s exciting, this is also a critical moment to set the foundation for long-term financial success. Many new attending physicians make costly financial mistakes
The Financial Consequences of a Needle Stick Injury
Needle sticks are a common injury among medical personnel - and they can be especially prevalent with young resident doctors. Although a needle stick can inject hazardous drugs intothe body, it is actually the injection of infectious fluids - especially blood - that is by far the greatest concern.
How Do I Choose the Best Disability Insurance Company?
When it comes to disability insurance, the company you choose is just as important as the policy itself. After all, this is the company you’ll rely on if you need to file a claim. Here’s how to identify the best disability insurance companies for doctors. 1. Focus on Companies with Experience
How Do I Choose the Best Disability Insurance Policy?
As a doctor, protecting your income is one of the most important steps you can take for your financial future. Disability insurance ensures you have a safety net if an illness or injury prevents you from working. But with so many options, how do you choose the best policy? Here’s a straightforward
What is “Guaranteed Renewable and Non-Cancelable” Coverage, and Why is it Important for Doctors?
When you invest in disability insurance, you’re not just buying a policy—you’re buying peace of mind. But not all policies offer the same level of protection. For doctors, the single most important feature of an individual disability insurance policy is that it is guaranteed renewable and
What is “Own-Occupation” Coverage, and Why is it Important for Doctors?
As a doctor, your ability to work is your most valuable asset. After years of education and training, your skills are finely tuned to your medical specialty. But what happens if an illness or injury prevents you from performing those skills? This is where “own-occupation” disability insurance comes