Story at-a-glance Residents get special disability discounts that can cut costs for life.Megan applied in training and locked in lower rates and strong own occupation coverage.Her discount follows her after residency and saves her over $800 every year.She can increase coverage later with no
How to Review Your Disability Policy Each January
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated .A 10-minute annual checklist for physicians and dentists: how to pull your policy, compare your benefit to your real income, check your riders, and make updates while you still qualify.
What Is Own-Occupation Disability Insurance and Why It Matters
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated .Quick answer: own-occupation coverage asks one question. Can you still do your job? Not any job. Your job.☰ Table of Contents The Quick Answer What It Actually
What Happens if I Change Specialties, Reduce Clinical Time, or Go Into Non-Clinical Work — Will My Policy Still Protect Me?
Story at-a-glanceYour policy follows you. It’s yours, not your employer’s. Claim = your job at that time. Coverage keys off the work you do when disabled. Going part-time? Benefit you bought stays. Switching specialties or non-clinical? You’re still protected. Look for: non-cancelable,
Should You Increase Your Disability Coverage for the New Year?
Story at-a-glanceYour income likely grew. If your benefit didn’t, you’re underinsured. Disability coverage should grow with your career. Check it annually. Use your Future Increase Rider. Boost benefits without a new exam. Review every January. Raises, kids, or loans change your needs. Protect
Is Disability Insurance Necessary Right Now, or Should I Wait Until I’m an Attending?
Story at-a-glanceWaiting costs you coverage and cash. Rates rise ~3% yearly; one health issue can block eligibility. Your income is your real asset. Disability insurance protects your $10M+ career earnings. Residents get lifetime savings. Lock in discounts and stronger coverage before you
How to Talk to Your Spouse About Disability Insurance
Story at-a-glance Disability insurance = love, not fear. It protects your family and lifestyle if you can’t work.Your income is your foundation. One illness or injury can stop it—insurance keeps it secure.Own-occupation coverage matters. Doctors still get paid even if they can’t perform their
Why Doctors Need Disability Insurance Even When They’re Healthy
Story at-a-glance Doctors’ biggest asset is their income, not their health. Disability insurance protects that.Even healthy doctors can lose income suddenly from illness or injury — it happens every day.Buying early saves money: lower rates, no exams, full coverage before health issues