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Paycheck Insurance (AKA Disability Insurance)

June 5, 2012 by Chuck Krugh, CFP

Disability Insurance Protects Your Paycheck

You’ve worked hard to build your career. After years of studying, passing exams, and completing your residency, you’re finally earning the income you’ve always wanted. You chose this path to help others, but have you thought about protecting yourself?

Many doctors have insurance for their car, home, and even malpractice coverage. But do you have disability insurance to protect your income?

Your Risk as a Physician

As a doctor, your job comes with high risks. You work long hours, face constant stress, and are exposed to illnesses daily. What if a serious injury or illness kept you from working for months or even years?

Would you be able to:

  • Pay your student loans?
  • Cover your mortgage?
  • Maintain your lifestyle without an income?

Losing your ability to work could impact everything you’ve worked for. That’s why disability insurance is essential.

How Disability Insurance Protects You

Every day, you see how unexpected health issues change lives. No one is immune—not even you. Disability insurance provides a portion of your income if you can’t work due to injury or illness. This allows you to keep paying your bills and supporting your family while you recover.

You’ve insured your home, car, and practice—now it’s time to protect your paycheck with disability insurance.

Ready to protect your future?

Get a personalized side-by-side policy comparison of the leading disability insurance companies from an independent insurance broker.

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