Most people understand the importance of auto, homeowners, health, and life insurance. But what about disability insurance? Many overlook this essential coverage, even though it provides financial protection if an illness or injury prevents you from working. What Is Disability Insurance? (A
Physician Burnout Prevention: Protecting Your Health and Career
Burnout is a serious issue among physicians. Long hours, high-pressure environments, and emotional demands make doctors particularly vulnerable. The best way to avoid burnout is through prevention.By focusing on lifestyle choices, work-life balance, and career protection, physicians can safeguard
Disability Insurance for Aging Physicians: Protecting Your Career and Retirement
You want to retire on your own terms—when you’re ready. While physician disability insurance is essential for protecting your livelihood, ideally, you’ll never have to use it. But what happens if your body tells you otherwise?The cost of living has skyrocketed, making retirement more expensive than
Doctor Disability Coverage Options – How Much Protection Do You Really Need?
You wouldn’t go without life insurance. So why would you risk losing your income?Life insurance protects your family if you die. Disability insurance protects your income if you can’t work.But here’s the real question: How much coverage do you actually need? Step 1: Do the Math (Or Let
Elimination and Benefit Periods
Elimination and Benefit Periods When you’re shopping for the best disability policy for your needs, it’s clear that the monthly premium will become a factor in determining the type of policy and the company from which you take out the policy. The two main factors that can affect your premium the
Getting the Right Size Umbrella
Getting the Right Size Umbrella One of America’s foremost financial counselors, Dave Ramsey, says, “It’s gonna rain. You need an umbrella.” Of course, he was referring to having an emergency fund of cash available. But the same truth can be applied to having disability insurance. Maybe you’re not
Apples to Apples
Apples to Apples Have you conducted a needs analysis for disability insurance with your agent or broker? Do you have an idea how much DI you would probably need for you and your family to survive with an extended disability? Were you sufficiently awed by the numbers that you are ready to take the
Protect Yourself with Doctor Disability Insurance & Critical Care Coverage
Most people believe they won’t face a serious accident or illness in their lifetime. But as a physician, you know better—no one is immune to unexpected health crises. Heart attacks, strokes, and cancer can happen at any age, drastically changing lives and careers overnight. The Reality of