Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated .Quick answer: both riders let you increase your benefit later without answering any new health questions. That's why either one is worth having.☰ Table of Contents
Guardian GSI Disability Insurance for Residents: What to Know Before You Apply
Reviewed by Chuck Krugh, CFP®, CLU®, ChFC®, Founder and CEO of DoctorDisability.Last updated .A practical guide to Guardian's Guaranteed Standard Issue program for medical residents and fellows — and why the order you apply matters.Table of Contents Introduction
Introduction to Long-Term Care for Self-Employed Physicians
Story at-a-glance Long-term care is likely and expensive – With people living longer, the odds of needing costly care like home health aides or nursing homes are rising fast.LTC costs can drain your savings – A single year in a nursing home can exceed $100,000—without planning, these costs can
Why is Disability Insurance More Expensive for Women?
Story at-a-glance Women pay more for disability insurance because they file more claims, especially earlier in life, due to pregnancy, autoimmune conditions, and mental health challenges.Insurance companies use historical claims data to set premiums—and women consistently have higher
Common Disability Insurance Riders
Story at-a-glance Riders add important protections and customization to your disability policy—some are free, others cost a small premium.The Own Occupation Rider is essential for physicians, ensuring benefits are paid if you can’t work in your medical specialty—even if you can work
Are You Affected by the Recent American Dental Association (ADA) Disability Insurance Rate Increase?
Story at-a-glance Dentists saw sharp premium increases in 2023, with men facing up to a 16% hike and women up to 21% under the ADA-sponsored Great West plan.ADA policyholders don’t own their coverage directly, meaning changes can be made without their consent.Future increase options are
Doctors’ High Stress Profession Makes Disability Insurance A Vital Asset
Story at-a-glance Doctors often neglect their own well-being, putting themselves at higher risk of stress-related disability.Burnout, fatigue, and long hours can lead to health issues that make it harder to qualify for disability insurance later.Early coverage is critical—locking in protection
What to Look For In a Disability Insurance Policy
Story at-a-glance Not all disability insurance policies are created equal—the language in the contract determines if and when you get paid.The best policies define disability by your own medical specialty and allow you to work elsewhere while still receiving benefits.Riders like residual