Disability Insurance

Group disability insurance is a collective agreement designed to provide financial protection when a member of a defined group becomes unable to work because of a disability or injury. While it doesn’t provide as strong financial protection as private disability insurance, it’s still a valuable insurance tool for any physician. In this guide, we’ll explain … Read more

One of the worst things that can happen to you is not having a safety net to cover expenses in case you fall sick or sustain an injury that prevents you from working. One in four people will likely become disabled when they retire, so don’t assume this will certainly not happen to you. So, … Read more

More than 25% of today’s 20-year-olds—including physicians—will experience a disability before reaching retirement age. For medical professionals, the risk isn’t just theoretical because nearly 3% of full-time physicians already live with a disability. Now, employer-sponsored disability insurance does offer protection against sudden disabilities. But most policies leave dangerous gaps like inadequate coverage limits, restrictive definitions … Read more

The best disability insurance providers in the United States operate on providing own-occupation coverage. This allows high-earners like physicians a backup plan if they can no longer work in their field. However, each provider has its own policy regulations that can make it a better or worse choice. This guide will show you the best … Read more

Key Takeaways Disability insurance is a safety net that all men and women can benefit from, regardless of the job they do. But for physicians who earn a high annual salary, it’s crucial. Like all insurance policies, disability insurance policies can be complex and challenging to grasp. There are many components and stipulations you need to … Read more