Imagine this: your medical or dental practice is thriving, and one of your partners or top administrators—the person who handles the day-to-day operations or brings in a large portion of the revenue—suffers a disabling injury or illness. What happens next? For many...
When a physician co-owns a medical practice, it’s not just the health of their patients that matters—it’s also the health and continuity of their business. A buy-sell agreement helps plan for ownership transitions in the event of death, disability, or...
Disability insurance comes with a lot of industry-specific terminology. If you’re a physician, dentist, or medical resident, understanding these terms can make choosing the right policy much easier. Use this glossary as your go-to resource to make sense of it...
Purchasing a long-term disability (LTD) insurance policy is one of the most important financial decisions a doctor can make. It’s the cornerstone of protecting your future income in the event that an illness or injury prevents you from working in your medical...
When applying for disability insurance, a medical exam is often part of the process. This exam helps the insurer assess your overall health and determine your eligibility for coverage. Knowing what to expect and how to prepare can make the process smoother and improve...
Disability insurance is a crucial financial safety net for physicians and other high-income professionals. However, many doctors delay purchasing a policy, assuming they can get it later without consequences. Unfortunately, waiting to buy disability insurance can be a...
