Compared with other forms of insurance, disability insurance premiums tend to be much more expensive. Why? Because you are at a greater risk of becoming disabled than you are to die prematurely or lose your house to a fire. Understanding how disability insurance premiums are calculated and knowing
Doctor Disability Insurance: Importance of Cost of Living Adjustment
Doctor Disability Insurance: Importance of Cost of Living Adjustment Ever go to the drive-thru, head off with your order, then—once you’re about six miles from the restaurant—reach into the bag and find something is missing? You can have the same experience with your disability income protection if
Buy Doctors Disability Early in Life
Buy Doctors Disability Early in Life A groundbreaking study by the National Disability Institute and the Multiple Sclerosis Association of America reveals that three out of four people diagnosed with multiple sclerosis experience financial hardship and more than two thirds are subject to financial
How to Build an Emergency Fund for Physicians (Without Cutting Into Your Lifestyle)
Most physicians earn a good income. But one unexpected event—a lawsuit, a sudden expense, a career pause—and without savings, financial security crumbles.That’s why an emergency fund for physicians is not a luxury. It’s a necessity.Experts recommend three to six months of expenses in cash. Yet, most
Million Dollar Disability Insurance
Can you imagine losing out on a million dollars?The Canadian band, Barenaked Ladies, sang, "If I Had a Million Dollars." But what if you became seriously disabled and couldn’t work for years—or ever again? How much income would you lose? How would you support your family?Without disability
Four Simple Ways To Make Life Insurance More Affordable
According to LIMRA, 48% of American families do not have life insurance. These figures mark a 50-year-low in life-insurance coverage undoubtedly sparked by tough economic times.Ironically, life insurance is actually that much more important when times are tough. However, many families find it hard