When looking for the right disability insurance for doctors, it is important that you understand the different options that may be part of the policy. This is why you need to call DI4MDs so that we can help find the right disability insurance for doctors no matter if they practice in Anaheim, Bakersfield, Irvine, La Jolla, Riverside, San Diego, and the surrounding areas. There may be aspects to a particular disability insurance policy that you either want to exclude or include, but unless you understand them you won’t know what you want. We’ll help you get the right disability insurance for doctors, just give us a call to get things started.
Important Disability Insurance Provisions
When reviewing the different disability insurance options that are available, there are certain provisions that you will want to look for. One of the more important ones is the own-occupation provision. This is very important for highly specialized physicians, such as surgeons, where they can still get disability benefits while they transition and work in a different capacity, such as a general practitioner for example.
Another important provision is the non-cancelable provision, which puts the physician in the most control. The policy cannot change the benefits, raise rates, or add exclusions once the policy is in force. This provision also extends the presumptive disability benefit to lifetime.
A third provision to be aware of and look for is residual/partial benefits. This basically means that a policy will pay residual benefits whenever income is reduced by 20% or more with a loss of time or duties due to the disability. All of these provisions can mean a great deal of income protection when included in policies of disability insurance for doctors.
Work With Experts in Disability Insurance for Doctors
Just those three provisions discussed above can have a profound impact on a doctor’s income, not just in a single year but also over the course of their working life. This is where having a conversation with our team at DI4MDs can make a world of difference. When it comes to dealing with the claims when a disability happens, you don’t want to be left floundering around, hoping that you’ll get your benefits issued to you. Don’t leave things to chance, get the best disability insurance for doctors no matter where you practice in Anaheim, Bakersfield, Irvine, La Jolla, Riverside, San Diego, and the surrounding areas. One call to DI4MDs is all it takes to put our experienced team to work for you to get you the right disability insurance.