Pretty substantial, all things considered. Among white-collar professionals, doctors are significantly more likely to become disabled than our counterparts in law, accounting, business management and administration. But how do you determine your odds of becoming disabled? The odds having at least
BANG. You’re disabled. What’s your plan, Doctor?
All the doctors we work with spend years becoming truly excellent at helping their patients deal with their own medical problems. But not all doctors really think through what would happen if they were to become disabled themselves! Instead, many doctors frequently put off serious disability
What is the Best Time to Buy Disability Insurance?
There’s a common saying in the insurance business and the military: “It wasn’t raining when Noah built the ark.” That’s true! And, it’s important to take that advice to heart. In my business, we sometimes run into the tragic consequence of waiting too long to get disability insurance coverage in
Physicians Should Buy Disability Insurance While Young
Many young physicians dream of the freedom of opening their own private practice, mid-career. But sometimes the ability to fulfill one’s dreams gets hampered by decisions you make in your 20s. Recently, we had a call from a young surgeon, 36 years old, who was planning to open up a new practice
Misguided Missiles: Sleep-Deprived Medical Residents and Motor Vehicle Accidents
Consider this: A pregnant resident and member of The Committee of Interns and Residents (CIR/SEIU), a multi-state union, tells a story of working a long shift in the intensive care unit at a hospital. One day, after clocking in at 7:15 am, she worked for 30 straight hours because there were a
AMA Disability Insurance Review Vs. Individual Disability Insurance
The good news is that, as a group, physicians seem to take the real threat of incurring a disability to heart. According to a 2007 survey by the McGill Advisory, nearly 100 percent of the physicians surveyed said they were covered by some form of disability insurance. The bad news, also revealed in
Disability Insurance Brokers Offer Best Solutions for Physicians
There was a time when physicians could obtain high quality disability insurance from a wide range of insurance carriers. Then, due to increasing costs and competition, the field narrowed, as did the available benefits, making it more difficult for physicians to obtain this coverage. Today,
Disability Statistics vs. Common Misperceptions
As Disability Insurance Awareness Month draws to a close, we thought it pertinent to revisit the results of a survey conducted by the Council of Disability Awareness back in 2011. The survey looked into the attitudes and knowledge consumers have over matters related to becoming disabled and then