Story at-a-glance Federal disability benefits are minimal – The average payout is only $1,358/month, not even 10% of a doctor’s typical income.Approval is slow and difficult – Fewer than 1 in 3 are approved on first try, and appeals can take 2+ years.Doctors have higher-than-average risk –
Association Disability Insurance
Story at-a-glance Low rates now, high cost later – Association premiums may start cheap but skyrocket as you age.Your contract can change – Association plans can adjust terms, deny claims, or cancel coverage.Not true own-occupation – Income from teaching or consulting could reduce your
The Most Dangerous Myths About Insurance Coverage
Story at-a-glance Government benefits won't cut it – SSDI is hard to qualify for and only pays a fraction of your physician-level income.Employer plans aren't portable – If you leave your job or your health changes, you may lose access to coverage.Medical insurance doesn’t cover long-term care
Is Your Disability Protection Up to the Job?
Story at-a-glance Physicians are high-risk, high-investment professionals, making disability insurance essential to protect income and career ROI."Own Occupation" policies offer the strongest protection, especially for specialists who can’t easily switch to lower-paying roles.Benefit periods
Beware of the Disability Disconnect
Story at-a-glance 1 in 4 workers will become disabled before retirement age, yet most think the risk is under 2%.Disability is more common than death before 50 and causes more financial devastation—yet most aren’t insured.The average disability lasts 2.6 years, but over half of Americans don’t
Five Important Disability Insurance Riders Doctors Should Understand
Story at-a-glance Riders can dramatically strengthen your disability policy, especially for physicians with evolving income and responsibilities.The Residual Disability Rider ensures you’re covered for partial disability and during your recovery—essential for medical professionals easing back
Group Disability Vs. Individual Disability – What You Need to Know
Story at-a-glance Disability insurance isn’t “set it and forget it.” Your life and income change—your policy should keep up.Riders can expire without notice. If you miss a deadline, you could lose the right to increase coverage without new medical underwriting.Life events = time to review.
Doctors: When to Review Your Disability Insurance Coverage
Story at-a-glance Disability insurance isn’t “set it and forget it.” Your life and income change—your policy should keep up.Riders can expire without notice. If you miss a deadline, you could lose the right to increase coverage without new medical underwriting.Life events = time to review.