If your clinic, center, practice or group is one of the many professional medical organizations offering both health and disability insurance to your executives, doctors and workers, you need to know about the benefits of dovetailing your health and disability coverage for employees who become
Physician Disability: Physicians Working From Home
Historically, physicians’ offices were both living and working spaces. Many doctors worked in living spaces with a medical practice area. Today, the process is almost unheard of. However, some physicians are returning to the old days and embracing a “new” style of practice management, working
Why Do You Need Doctor Disability Insurance?
Disability is commonly associated with accidents. The idea of an accident tends to elicit a “Oh that’ll never happen to me” response rather than actual concern. Yet disability covers more than that- the majority of disability is caused by illness. Over 15 million Americans a year experience a
Disability Insurance Definition: A Simple Guide for Physicians
Most people understand the importance of auto, homeowners, health, and life insurance. But what about disability insurance? Many overlook this essential coverage, even though it provides financial protection if an illness or injury prevents you from working. What Is Disability Insurance? (A
Elimination and Benefit Periods
Elimination and Benefit Periods When you’re shopping for the best disability policy for your needs, it’s clear that the monthly premium will become a factor in determining the type of policy and the company from which you take out the policy. The two main factors that can affect your premium the
Getting the Right Size Umbrella
Getting the Right Size Umbrella One of America’s foremost financial counselors, Dave Ramsey, says, “It’s gonna rain. You need an umbrella.” Of course, he was referring to having an emergency fund of cash available. But the same truth can be applied to having disability insurance. Maybe you’re not
Apples to Apples
Apples to Apples Have you conducted a needs analysis for disability insurance with your agent or broker? Do you have an idea how much DI you would probably need for you and your family to survive with an extended disability? Were you sufficiently awed by the numbers that you are ready to take the
The Expressway to Broke? Protect Your Income with Disability Insurance
Many young professionals believe they’re invincible. They assume they’ll never face a serious disability that keeps them from working. But what if you do? The Reality of Disability Risk Studies show that younger individuals actually have a higher chance of long-term disability than