Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . The short answer: the best policy is a true own-occupation, non-cancelable individual policy sized to your income, with the right riders and a definition of disability you've actually

Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . A working broker's guide to two contract guarantees that are usually sold together but are not actually the same thing, and why the difference matters more than most physicians realize

Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . Disability insurance is sized off carrier issue and participation grids, not a flat percentage of income. The dollar amount you can actually secure depends on your training stage, your

Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . The short answer: your income is your largest financial asset, and disability insurance is the only thing that protects it. A 35-year career as a physician can generate $18 million or

Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated . Residents and fellows can generally buy $5,000 to $8,000 a month, and program group coverage does not reduce it. Why a policy issued during training locks in your health for the rest of

Story at-a-glance Get big discounts as a resident—lock in lower rates now and keep them for life.Premiums go up as you age, so starting young saves you thousands over time.Skip the medical exam—many resident offers don’t require one.Your health today is protected—future issues won’t affect

Story at-a-glance No employer = no safety net – As an independent contractor physician, you must secure your own disability coverage or risk financial loss.Own-occupation coverage is critical – Choose a policy that protects your specific ability to practice medicine, not just any job.Customize