Story at-a-glance Group disability insurance may not protect your actual specialty – Many policies use an "any occupation" definition after just 2 years.You may only receive ~35–40% of your salary – After offsets, taxes, and uncovered bonuses, benefits can fall far short of
Disability Statistics vs. Common Misperceptions
Story at-a-glance Many physicians underestimate their true risk of disability, often believing it’s just 1 in 100—despite data showing a 1 in 5 chance before age 65.Most disabilities aren't caused by accidents, but by common conditions like musculoskeletal disorders, chronic pain, and
Physician Residual Disability Benefit Critical for Max Protection
Story at-a-glance Nearly half of physician disabilities are partial, not total—yet many policies don’t fully cover partial income loss.Residual (partial) disability benefits vary widely between insurance companies and may not work well for self-employed physicians.Without a recovery rider,
Business Overhead Expense: A Real Risk that Needs a Real Solution
Story at-a-glance A disability can shut down your practice—even if your personal income is covered, your office expenses won’t be.BOE insurance keeps your practice afloat by covering rent, salaries, and other fixed costs during your disability.Individual BOE policies offer stronger protection
Physicians Should Base Disability Insurance on Reality, not Rules of Thumb
Story at-a-glance Physicians need specialty-specific protection, especially with a 1 in 8 chance of being disabled before age 65.Don’t rely on rules of thumb—benefit amounts and elimination periods must match your actual expenses and savings.Monthly benefits should reflect real needs, not just
Will Your Disability Policy Protect You at the Next Level?
Story at-a-glance Physician income can skyrocket post-residency, making early disability coverage quickly outdated.Standard policies may only cover a fraction of a physician’s new, higher income—creating a serious gap in protection.Future increase riders are key, allowing coverage boosts
Dovetail Your Disability and Health Coverage
Story at-a-glance Integrating health and disability insurance helps employees better navigate illness, injury, and financial risk.Early symptom care reduces disability risk—when employees understand their health benefits, they seek treatment sooner.Out-of-pocket medical costs add up fast, even
Doctor Disability Insurance: Importance of Cost of Living Adjustment
Story at-a-glance Missing key riders can cost you—especially the Cost of Living Adjustment (COLA) that protects against inflation.COLA keeps your benefits growing—flat-rate or CPI-linked options ensure your payout keeps pace with rising costs.Inflation hits hard over time—especially for