How Long Does Long Term Disability Last?
How long does long term disability last? Learn typical benefit periods, what affects payment length, and how policy design impacts income protection.
Disability Insurance
How Short-Term Disability Insurance Works & Where To Get It
Key Takeaways A temporary illness or injury can put your profession on hold, which can be detrimental for physicians who are already burdened by the costs of continuing education and loans. Short-term disability insurance can be a lifesaver in such a situation, providing you with up to 70% of your income for the duration. This … Read more
Common Exclusions in Short Term Disability Insurance Policies
Short term disability insurance exclusions can limit income protection during medical leave. Learn which conditions and circumstances policies commonly exclude.
Unpacking Short-Term vs. Long Term Disability Insurance for Doctors
For physicians, comprehensive disability insurance is the cornerstone of prudent financial planning. While no one anticipates suffering an unexpected illness or injury, disability claims are more common than you might think. Itโs estimated that one third of American workers will experience a disability that prevents them from working at some point in their career.
What Long Term Disability Covers and How It Works
Learn what long term disability covers, how benefits are triggered, and what physicians should expect during the claim process to protect long-term income.
โLong Term Disability Insurance Features You Must Understand
Long term disability insurance protects physician income when illness or injury occurs. Learn how key features affect coverage and long-term financial security.
Disability Insurance for Self Employed Physicians
The American Bar Association reports that over 25% of todayโs 20-year-olds will become disabled before retiring. Although nobody plans for life-altering incidents, the chance exists that it can happen to you. Thatโs why understanding disability insurance for self employed professionals is so important. It ensures your income is protected even when the unexpected happens. Running … Read more
What Is Group Disability Insurance & Is It Worth It?
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
Is Disability Insurance Tax Deductible? What To Understand
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 donโt assume this will certainly not happen to you. So, … Read more
Why Physicians Need Supplemental Disability Insurance
More than 25% of todayโs 20-year-oldsโincluding physiciansโwill experience a disability before reaching retirement age. For medical professionals, the risk isnโt 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
