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 Someone Do It for You)
This isn’t about guessing. It’s about knowing.
You need enough coverage to replace your income and cover expenses. That’s why insurance professionals use a needs analysis—a simple process to figure out your exact number.
Here’s what they’ll ask for:
- Income – Your salary, bonuses, and benefits.
- Family situation – Married? Kids? Dependents?
- Other insurance – Life, health, disability through work.
- Assets and liabilities – Homes, cars, savings, investments, loans, and debt.
- Business details – Job title, duties, benefits, workers’ comp, Social Security eligibility.
Step 2: Get Coverage That Actually Protects You
Most doctors underestimate how much coverage they need.
Your disability insurance should:
- Replace at least 60% of your income
- Be own-occupation (so you’re covered if you can’t work in your specialty)
- Include residual benefits (so you’re protected even if you can still work part-time)
Step 3: Lock in Your Plan Before You Need It
If you wait until something happens, it’s too late.
The best time to get disability insurance? Before you need it.
- You’re younger = cheaper premiums
- You’re healthier = better coverage options
- You’re still working = full income replacement
Final Thought
Doctor disability coverage options aren’t one-size-fits-all. The right plan protects your career, income, and family.
Talk to a professional. Run the numbers. Get covered before it’s too late.
Ready to protect your future?
Get a personalized side-by-side policy comparison of the leading disability insurance companies from an independent insurance broker.
