Protect Your Income
Disability Insurance for Physicians
As a physician, protecting your income with disability insurance is essential. Physicians Thrive provides tailored disability insurance quotes to help secure your financial future.
7,000+ satisfied physicians
New to disability insurance? Read our complete guide to physician disability insurance to understand your options before requesting a quote.
– Jigar Panchal
I worked with Dave Swan recently for disability insurance. Dave and his team were very professional and courteous. He was always available for questions and was overall a pleasure to work with.
– Saurabh Singhal
I couldn’t recommend Dave & Steve Stratman for contract review services more. I also further have a meeting set with Dave to discuss disability insurance and continue our discussion about financial education and planning in the upcoming weeks.
– Nick Peacock
Great company to work with, helped me set up own occupation disability insurance and were very helpful and great at explaining things along the way.
– Ealena Callender
I have been very pleased with Physician’s Thrive. Their representatives are always responsive and helpful. Michaela is pleasant and eager to help. It is great to have one reliable place to go for a wide range of services. I highly recommend them to anyone who asks.
– Doug Zaruta
Top notch all-inclusive financial planning, contract review, accounting, tax planning, and more. Dave Swan is a true professional with strong values and integrity. He and the entire team at Physician’s Thrive are trustworthy, reliable, and accessible.
– Jake Luther
Michaela provided excellent advice regarding student loan repayment, investments, and home buying when I was entering residency. I highly recommend her and this company for any physicians that are in search of financial advising.
– Colton Roessner
Michaela gave a great presentation on medical student financial literacy and making the transition from student to resident to attending physician. I would highly recommend her for anyone with financial questions about medical student loans and financial planning!
Get one plan for your entire career.
With an individual disability insurance policy, you have coverage that remains the same from job to job without any extra work on your end.
The largest discounts are available to residents & fellows
The top insurance companies provide discount disability insurance quotes for training physicians and they last for the life of the policy-not just until graduation. There are not many chances to score discounts on true own-occupation disability insurance, so taking advantage of these discounts is a must.
$3.6 Billion
and counting…
We’ve Shopped Billions of Dollars in Coverage.
Our team has worked with thousands of physicians to weigh their options for disability insurance around the United States.
When you work with Physicians Thrive, we promise the best service for physicians.
See all your options.
Our experts present all the options—not just the ones we want you to choose—so the freedom to choose the best policy for you is always at your discretion. Plus, your insurance will follow wherever the job market takes you.
The best discounts.
When Physicians Thrive finds the lowest rate, you’ll know immediately so you can jump on exceptional insurance discounts.
Reliable coverage.
Our experts work with top disability insurance companies to get as many disability insurance quotes as possible so our clients never have to shop around—simply choose the option that works for you.
Now is the best time to buy disability insurance
You’re in your prime.
Disability insurance rates are based on your age and health so applying sooner than later can help you save. Each year you wait to apply you will pay between 5-7% more for the same coverage.
Your coverage will move with you.
Most new physicians switch employers multiple times within their first few years of training. With an individual disability insurance policy, you have coverage that remains the same from job to job without any extra work on your end.
We work with physicians at over 400 medical centers
Our team has worked with physicians from the top resident and fellowship programs in the world
Group vs Individual Plans
Employer-provided plans won’t give you the coverage you need in if you become sick or injured. Discover the major differences in coverage between group plans and individual plans in the chart below.
Employer Provided Disability Insurance
Group
There is no guarantee of coverage or policy renewal. Your employer can change your plan or cancel your coverage at any time
You don’t get to keep your coverage if you leave your current position
Any benefit received is taxed as ordinary income if provided by your employer
If you are working in any capacity your group plan may consider you no longer disabled and will stop paying you
Own Occupation Disability Insurance
Individual
Policies from independent carriers are non-cancellable and guaranteed renewable which means the company cannot cancel or change your policy.
You own your policy so it stays with you from job to job
Benefits are received completely tax-free
If you cannot do your primary duties your policy will pay you the full benefit. You will still have full freedom to work in any other capacity
Frequently Asked Questions
Why do you need disability and life insurance?
Life happens. We cannot predict the future, but we can be prepared for it. That is the purpose of insurance – to protect and provide for yourself and your loved ones if the unfortunate happens. Your life and disability insurance choices may make the difference in your family’s lifestyle after a tragedy strikes by paying the bills, financing children’s educations, and protecting your spouse’s retirement.
When is the best time to purchase a disability insurance policy?
Premium and policy eligibility are based on age and current health status. Therefore, the best time to seek disability insurance quotes and enroll in a policy is when you are young and healthy and while discounts are still available with residency or fellowship status. Additionally, many insurance carriers will restrict the amount of coverage you are eligible for if you have an employer-sponsored plan.
Which disability insurance carriers to do you work with?
Physicians Thrive only offers what we view as the strongest and most comprehensive physician-specific plans from the leading disability insurance carriers. We work with Ameritas, Guardian, Principal, MassMutual and The Standard. If you have pre-existing conditions that may result in high cost disability insurance quotes from these companies, we can help you find a GSI (Guaranteed Standard Issue).
What is the Comdex Ranking?
The Comdex is not a rating, but a composite of all ratings. It ranks companies on a scale of 1 to 100, showing you at a glance, where a company is ranked among all rated companies. The Comdex Ranking is not equated to a grading system such as 90% equals an A or 80% equals a B grade.
The Comdex Ranking is a relative number based on the following factors:
- If a company’s ratings from one of the ratings services AM Best, Standard and Poor’s, Moody’s or Fitch changes
- If one or more companies are added or removed from the list of insurers rated by the above rating services
- If another company with similar ratings, experiences a rating change, the percentiles or Comdex Ranking will adjust
For example, if 1000 companies are rated, a company that is rated in the top one hundred of these companies, and meet the criteria for Comdex, will have a Comdex Ranking of approximately 90 or above.
