Physician Disability Insurance Quote Comparison

Why do I need disability insurance?

The financial impact of a disability – equal to lost income plus expenses – can be as high as nearly $1 million for a 40-year-old single male earning $50,000 per year…nearly 20 times his pre-disability earnings.

$7.9 billion in long-term disability insurance claim payments were made to disabled individuals by CDA member companies in 2008; claims have increased annually an average of 4% since 2004.

More than one in four of today’s 20-year-olds can expect to be out of work for at least a year because of a disabling condition before they reach the normal retirement age.

The most common reasons for long-term disability claims are:

• 1. Musculoskeletal disorders (29%)
• 2. Cancer (15%)
• 3. Pregnancy (9.4%)
• 4. Mental health issues including depression and anxiety (9.1%)
• 5. Injuries such as fractures, sprains, and strains of muscles and ligaments (9%)

Lock in your health status for lower premiums by contacting us today!