We are often asked if physician disability insurance premiums are tax deductible and whether any benefits received are taxable. The answers depend on your practice scenario: 1. If you are a non-owner employee or sole proprietor, then the premiums are not tax deductible. In the…

This past month one of our clients reached out to us after becoming partner in a high-volume orthopedic practice. A year ago, his annual income as an associate was $350,000 and he had maxed out his individual disability insurance policy to $15,000/mo. He showed us…

We live in a high-stress world. Diseases and chronic conditions are prevalent and accident risk is a daily reality. You see this every day in your practice; we see it when we handle client claims. Additionally, people are working harder and longer; this is even…

Important note for all residents/fellows who have completed training: It is still possible to secure discounts associated with your training institution 60-90 days after the date you officially complete your training. We have talked to a number of residents/fellows who were under the impression they…

Naturally, we are often asked “how much does disability insurance cost for physicians?” Since the cost of disability insurance for physicians varies by multiple factors, to get specific numbers please request a quote comparison below. Request Your Discounted Quote Comparison The following are the factors…

Gastroenterologists are some of the most highly-trained physicians; completing 6 years of postgraduate training. Some choose to sub-specialize further into hepatology. Disability insurance for gastroenterologists protects the income that is generated by the skills learned during training. Below are 4 key guidelines to follow when exploring disability insurance for gastroenterologists. Own…

Cardiologists are some of the most highly-trained physicians; completing up to 7 years of postgraduate training. Disability insurance for cardiologists protects the income that is generated by the skills learned during training. Below are 5 key guidelines to follow when exploring disability insurance for cardiologists. Own Occupation Definition of…

The work activities of dermatologists require high-level cognitive functioning and certain motor skills. Disability insurance for dermatologists protects the income that these work activities generate. Below are 4 key guidelines to follow when exploring disability insurance for dermatologists. Own Occupation Definition of Disability – Disabled and can’t practice…

Ophthalmologists possess rare cognitive and motor skills. Disability insurance for ophthalmologists protects the income that these skills generate. Below are 4 key guidelines to follow when exploring disability insurance for ophthalmologists. Own Occupation Definition of Disability – It doesn’t take much to disable an ophthalmologist. It…

Anesthesiologists represent the highest disability risk out of all medical specialties. Due to this, anesthesiologists pay the highest rates for physician disability insurance. Some companies offer more favorable rates for anesthesiologists who sub-specialize in pain medicine. If you are an anesthesiologist resident planning to go into…