What is a Residual Disability Insurance Rider?

October 19, 2022October 28, 2019 by Justin Nabity

Physician’s insurance can have complications.

Just when you think you understand what disability insurance is all about, you learn that’s there’s yet another curveball: optional riders. While most policies may seem straightforward, there are almost always optional add-ons that can provide you with even more benefits.

Today we’re focusing on disability insurance and the residual disability insurance rider.
What it is, why you need it, and what it covers.

Keep reading for our full guide to the residual disability insurance rider.

Essential Insights on Why the Cost of Long Term Disability Insurance is Worth It in 2025

November 12, 2025October 25, 2019 by Justin Nabity

disability insurance protects your lifestyle

While disability insurance can seem like a daunting purchase for young doctors, it provides indispensable financial protection. There are an enormous variety of factors that determine the cost of long term disability insurance for physicians: medical history, age, specialty, benefit level, insurance company—the list goes on. Because of all these variables, it can be difficult … Read more

How Moving Can Help Physicians Pay Off Student Loans

October 18, 2022October 17, 2019 by Justin Nabity

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In 2018, the average student loan debt for a medical school graduate was a whopping $190,694. Moreover, for a physician with a loan balance of $190,694 on a standard 10-year repayment plan, monthly repayments would cost about $2,000. Looking at these figures, it’s understandable why most new doctors are anxious to secure an attending position. … Read more

Partial Trade Deal Boosts Global Markets

July 9, 2025October 14, 2019 by Justin Nabity

Global markets ended the week on a positive note thanks to renewed trade progress optimism. Just before US markets closed on Friday, it was announced US and Chinese negotiators had reached a partial trade deal. In “phase one” of the deal, the US will suspend upcoming tariff increases originally set for October 15 in return … Read more

How To Avoid Common Physician Tax Errors

June 20, 2023October 9, 2019 by Justin Nabity

While it’s true that most doctors are relatively high-earners, physicians also face unique financial obligations. Which makes it essential to avoid any mistakes when it comes to taxes. By avoiding a few common tax errors, doctors can keep more of their earnings to put towards financial goals. Such as paying back loans, saving up for … Read more

Weak Manufacturing Data Worries Investors

July 9, 2025October 8, 2019 by Justin Nabity

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Stocks fell for the third consecutive week as economic slowdown concerns worried investors. On Tuesday, the ISM Manufacturing Index fell further into contraction territory with a reading of 47.8, its lowest level since 2009. This was the sixth straight monthly decline for the Index as weakening global growth and uncertainties surrounding trade tensions have created … Read more

How Female Physicians Can Counteract the Gender Pay Gap

December 19, 2024September 30, 2019 by Justin Nabity

Each year, national reports on physician compensation confirm the persistence of the gender pay gap in medicine. Across all regions and within virtually every specialty, female physicians continue to earn less than their male counterparts. According the 2018 Medscape Physician Compensation report, male doctors netted nearly 18% more income than female doctors. For specialists, the … Read more

Fed Cuts Rates for Second Time in 2019

July 9, 2025September 23, 2019 by Justin Nabity

Fed Cuts Rates for Second Time in 2019 For the second time in 2019, the Fed cut its benchmark rate by 0.25% to a range of 1.75% – 2.00%. This was the expected move. As the Fed hopes lower rates will help prolong the current economic expansion in the face of ongoing trade tensions and … Read more

Global Stimulus and Strong Data Extend Market Winning Streak

July 9, 2025September 16, 2019 by Justin Nabity

Markets continued to claw back August’s losses following a supportive global central bank announcement and stronger than expected economic data. On Thursday, the European Central Bank (ECB) cut its key interest rate from -0.4% to -0.5% and announced a new bond-buying program in hopes to stimulate the eurozone. Beginning November 1, the ECB will purchase … Read more

Momentum Continues During Holiday-Shortened Week

July 9, 2025September 9, 2019 by Justin Nabity

Stocks finished the holiday-shortened week higher on continued trade optimism. The largest gains came on Wednesday and Thursday following news that US and Chinese officials confirmed plans to meet in early October. This was a relief to many as recent tariff announcements signaled talks might be canceled indefinitely. While consumers have supported a growing economy, … Read more

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