When it comes to insurance coverage, what you don’t know may not kill you – but it can cost an awful lot of money. Unfortunately, there are a number of myths and misconceptions that even very highly educated people have about insurance and what it covers and doesn’t cover. Here are some of the most
Why Disability Insurance Protection is Critical for Women of Childbearing Age
It’s not unusual to want to take some time off after having a baby. In some cases, you have no choice – medical complications are common after childbirth. But while employers with 50 employees or more are obligated under the Pregnancy Discrimination Act and Family Medical Leave Act to grant you time
Is Your Disability Protection Up to the Job?
Disability insurance protection is a critical component of a financial plan for most people – but especially for physicians. This is because doctors, dentists and other similarly-situated professionals generally have huge sums of money invested in education, need to be in reasonably good health in
Beware of the Disability Disconnect
When it comes to the risk of disability, Americans are woefully underinsured. Disability vastly outpaces the death of a breadwinner among those under age 50 as a leading cause of economic hardship for families. The fact is, most people vastly underestimate their chances of becoming
Doctors: When to Review Your Disability Insurance Coverage
Disability insurance is like a good car: It will work when you need it – but you need to do a little maintenance from time to time to get the most out of it. For disability insurance policyholders, maintaining your policy means doing a periodic review of the policy with your insurance professional
Disability Insurance and Medical Specialties
Most doctors who have spent time shopping around for physician disability insurance, or actively doing financial planning for themselves and their families, understand the importance of the distinction between own occupation and any occupation language in disability insurance policies. Naturally, a
Why is Disability Insurance More Expensive for Women?
Occasionally we have clients compare rates for similar individual disability insurance policies for men and women. Why Are Rates Higher For Women? Because it’s worth it! Here’s why: When insurance companies set rates, they base them on their claims experience for similar policy holders in
Common Disability Insurance Riders
A rider is a special feature or additional guarantee on top of a basic insurance policy. Some riders are available for free – you just have to check the appropriate box on the application. For other riders you may have to pay some additional monthly premium. But depending on your individual