Disability insurance, unlike term life insurance, is a very complex insurance product with many options. Consequently, you need to consider the important elements of a policy that best protects your income as a physician.

1. Definition of Total Disability - Some policies offer own-occupation definitions of disability while others do not. Deciding which one meets your risk tolerance is the most important factor to consider. We can assist you with this by outlining various companies that offer both options. To learn more, simply visit our Learning Center.
2. Contract - Non-Cancelable & Guaranteed Renewable, Guaranteed Renewable, Conditionally Renewable...These terms determine whether your premium will be increased, the contract language changed, and coverage cancelled by the carrier. Sadly, many agents and HR managers neglect to discuss this with their employees or clients. Make sure you understand which one your plan is.
3. Inflation & Future Income Protection - You have an opportunity to lock in additional amounts of coverage without your health being a consideration. In order to be eligible for additional coverage, you must be underwritten financially which will take into account all disability insurance you then have as well as your earned income. Cost of Living Adjustment riders provide for a possible increase in your monthly benefit to help fight inflation. Ensure you review these options carefully to see if one or both warrant attention.

Our philosophy is simple - By providing you the right tools to make an educated decision, YOU can select the BEST disability contract and allow us to obtain the coverage for you.