There was a time when physicians could obtain high quality disability insurance from a wide range of insurance carriers. Then, due to increasing costs and competition, the field narrowed, as did the available benefits, making it more difficult for physicians to obtain this coverage. Today,
Business Overhead Expense: A Real Risk that Needs a Real Solution
Any medical or dental practice that relies on one or two people to generate revenue is especially vulnerable to financial problems in the event of a disability. Disability income benefits are usually sufficient to replace a disabled practitioner’s income, but are typically insufficient when it comes
Will Your Disability Policy Protect You at the Next Level?
The medical profession is unusual in many respects, but one in particular sets it apart from all most other professions; and that is the meteoric rise in income most medical professionals experience beginning the day they complete their residency. And unlike most other professionals, physicians are
Disability Insurance Premiums – How are they determined?
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
Why Workers’ Comp Won’t Protect You – Physician Disability Insurance Does
Think workers’ comp will cover you if you get disabled?Think again.Work-related accidents cause less than 5% of all disabilities. That means 95% of the time, you’re on your own.Yet, 61% of women and 46% of men in the medical field have done zero research on physician disability insurance. Worse?