AMA Disability Insurance Versus Individual Coverage

Posted on: August 21, 2013 by Chuck Krugh, CFP

The good news is that, as a group, physicians seem to take the real threat of incurring a disability to heart. According to a 2007 survey by the McGill Advisory, nearly 100 percent of the physicians surveyed said they were covered by some form of disability insurance. The bad news, also revealed in the survey, […]

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Disability Insurance Brokers Offer Best Solutions for Physicians

Posted on: August 20, 2013 by Chuck Krugh, CFP

There was a time when physicians could obtain high quality disability insurance from a wide range of insurance carriers. Then, due to increasing costs and competition, the field narrowed, as did the available benefits, making it more difficult for physicians to obtain this coverage. Today, physician-specific disability insurance has become a specialty product offered by […]

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Principal’s Benefit Update and Future Increase Options Protects Earnings Growth

Posted on: August 19, 2013 by Chuck Krugh, CFP

Unquestionably, physicians have far greater potential to earn a high income; however, a high income doesn’t necessarily translate into future financial security especially when all it takes is a sickness or injury to take that potential away. For that reason, most physicians have taken at least the initial step in protecting their income potential by […]

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Met Life Residual Disability Benefit

Posted on: August 14, 2013 by Chuck Krugh, CFP

As one of the largest financial services companies in the world, Met Life has thrown its substantial heft behind its disability income protection products with the introduction of its Income Guard Disability Insurance plan. Not only does it include one  of the more liberal “own occupation” definitions of disability  (see our blog post, Met Life […]

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Guardian Residual Disability Benefit Rider

Posted on: August 11, 2013 by Chuck Krugh, CFP

Any discussion of physician disability insurance plans almost always centers on the importance of a “true own occupation” definition of disability – as it should because physicians need to be able to protect the specific occupation for which they have so much invested. However, with nearly half of physician disabilities being partial in nature, meaning […]

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