If you’re ever disabled, don’t be relying on the federal government for help. Federal disability benefits were never intended to cover more than very basic needs. The average Social Security Disability benefit is just $1,173 per month. And now it’s taking even longer to get approved.In prior years,
Court Ruling Underscores Importance of Disability Insurance Protection for Women of Childbearing Age
A Recent Court Case Underscores The Importance Of Owning Personal Disability Income Insurance For Women Of Childbearing Age.A young woman in Florida was just a few weeks into a healthy pregnancy and purchased disability insurance from Reliance Standard. 38 weeks into her pregnancy, however, she had
Why Doctors Should Consider Residual Disability Insurance Benefits
Not all disabilities completely knock people out of the work force. In fact, many disabled individuals are able to eventually return to work, or continue to work in a limited setting. But their disabilities still result in a substantial hit to their earnings, compared to what they were earning
Is Your Disability Protection Up to the Job?
Disability insurance is a critical component of a financial plan for most people – but especially for physicians. This is because doctors, dentists and other similarly-situated professionals generally have huge sums of money invested in education, need to be in reasonably good health in order to
Five Important Disability Insurance Riders Doctors Should Understand
Five Important Disability Insurance Riders Doctors Should UnderstandMost of our readers understand the role of disability insurance in a doctor's or dentists overall financial plan. Most experts would agree that for those in a high-earning profession like medicine, who have already invested
Group Disability Vs. Individual Disability – What You Need to Know
My employer offers me disability insurance via a group plan. Why do I need my own policy?It’s terrific that your employer offers this important benefit to you. But there are important differences between a group disability plan designed to appeal to employers and an individual plan, designed and
Common Disability Insurance Riders
A rider is a special feature or additional guarantee on top of a basic insurance policy. Some riders are available for free – you just have to check the appropriate box on the application. For other riders you may have to pay some additional monthly premium. But depending on your individual
Residents – What They Earn and What They Owe, Nationwide
Residents – What They Earn and What They Owe, NationwideThe average salary for residents for 2016 was essentially unchanged compared to the prior year, at $56,500, according to the recently-released Medscape Residents Salary & Debt Report 2016. That represents an increase of $100 per year,