Due to COVID-19 social distancing restrictions certain insurance carriers are temporarily allowing physicians to apply for Life and Own Specialty Disability Insurance without the need for a medical exam. Contact us immediately for additional program details.
DISABILITY INSURANCE FOR PHYSICIANS
Protect yourself with the right coverage
Own Specialty Disability Insurance
Covers you from any sickness or injury that prevents you from working in your medical specialty.
The plans we offer provide a preferred definition of Total Disability, referred to as Own-Specialty.
This means you are eligible to receive your full benefit while you are unable to perform the duties of your own medical specialty without prohibiting you from electing to work in another occupation while still collecting your full disability benefit.
If you are relying on your employer-sponsored long-term disability plan, or if you have a policy through Northwestern Mutual, the AMA, or another professional medical association, then you may not have adequate disability coverage.
Own Occupation / Own Specialty Disability Insurance:
Pays your full Tax-Free benefit if you are disabled in your medical specialty, even if you elect to work in another occupation.
Offers guaranteed locked-in premiums
It provides guaranteed contract provisions along with the guaranteed ability to renew your policy regardless of your health or current income.
It contains Partial/Residual benefits that allow you to collect a proportionate benefit if you are disabled but still working in your medical specialty.
Offers Cost of Living riders (COLA) that protects your benefit against the risk of inflation.
It provides you the ability to increase your coverage later on in your career as your income increases, regardless of your health.
True Own Specialty disability Insurance protects doctors from the inability to perform the material and substantial duties of their medical specialty. It allows you to continue to collect your full tax-free benefit even if you elect to work in another occupation regardless of your income.
A physician's most valuable asset is their ability to work in their medical specialty. Safeguard the investment you made in yourself with True Own Specialty Disability Insurance.
Remember - If you are relying on your employer-sponsored long-term disability plan, or if you have a policy through Northwestern Mutual, the AMA, or another professional medical association, then you may not have adequate disability coverage.
ONLY 6 DISABILITY CARRIERS OFFER TRUE OWN SPECIALTY DISABILITY INSURANCE
Best Disability Insurance for Physicians
Own Specialty Disability Insurance protects you from a sickness or injury that may prevent you from working in your medical specialty even if you elect to work in another occupation.