ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 210: The Essential Guide to Disability Insurance for ER Docs

Disability can be one of the most significant financial threats to your career and income. 1 in 7 people will suffer from a disability that will last at least 5 years. That's fairly decent odds for a potentially severe financial outcome.

On today's episode, we’ll explore why having the right amount of coverage is vital, how to calculate your needs, and which riders you should consider to tailor your policy. This is a must-listen episode if you are in residency or under-covered with your current DI policy.

 

Topics Discussed:   

  • Why tax season is extended for some people in disaster zones.
  • How to set yourself up for success when obtaining disability insurance.
  • Graded premiums vs. level premiums.
  • How your financial plan should influence your disability coverage decisions.
  • Important retirement considerations to make when it comes to disability coverage.
  • What surplus lines are and why you may need to look into them.
  • How to ensure you have proper coverage in your specific job.
  • The slam-dunk addition you should make to your policy.

Resources Mentioned:

Tags:

disability insurance, disability coverage, disability policies, ER doc disability insurance, disability coverage for doctors

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