Individual Disability insurance for Resident Physicians
Protecting your ability to earn an income in your specialty with individual disability insurance is the most important step you can take to ensure your financial well-being. You may have group disability insurance with your employer, but it may not be enough to sustain you and your family, and most group policies are not portable. When your residency is over, you lose the coverage.
Special Values for Resident Physicians and Fellows
As a resident physician you have a unique opportunity to lock into individual specialty occupation disability income policies with discounted premiums and future increase options while you are healthy and young.
- Up $5,000 monthly benefit with no medical financial underwriting
- True Specialty Own occupation protection
- Within 6 months of competing your training, get an initial policy or increase your existing policy up to $7500 with no medical or financial underwriting
- Option to increase your coverage every three years without additional underwriting up to $30,000.
- Student loan protection rider available
- Resident physician premium discounts
Why Specialty Own Occupation?
The most important feature in a disability income policy is the Definition of Disability because it triggers the claim. The True Specialty Own Occupation definition of disability allows you to collect full benefits if you are not able to practice in your specialty even if you choose to return to work in another occupation. It’s the strongest definition of disability available.
Five Doctors National carriers offer specialty and true own occupation definitions of disability essential for practicing physicians—Ameritas, Mass Mutual, Guardian, Principal, and Standard.
Policy Follows You
If you’re insured through your employer, chances are you’ll lose your coverage when your residency ends. This coverage can remain with you after the completion of your residency and even if you change jobs or become self-employed. This is an important consideration, since you’re in the early stages of your career.
Personal Service from Experienced Specialists
Doctors National specialists have many years of experience, working with over 15,000 physicians and professionals in all 50 states. Our area of expertise is helping medical residents and doctors with customized physician insurance solutions tailored specifically to their unique needs.
Our priority is to guide you in the right direction, helping you choose the best insurance policies to protect your financial well-being.