Disability Insurance for Indiana Physicians

Think of disability insurance as your financial safety net, giving you an earnings replacement if you’re not able to earn a paycheck due to illness or injury.

Cost of Living in Indiana

According to 2021 data from the Bureau of Economic Analysis, the annual average cost of living in Indiana is $42,697.

 

      • Housing and Utilities: $6,865
      • Healthcare: $8,494
      • Food and Beverage (non-restaurant): $3,424
      • Gas and Energy: $1,333
      • All Other Personal Expenses: $22,580

Average Base Salaries in Indiana

The average salary in Indiana is $53,500. Below are average salaries for medical professionals based on data from Indeed in 2024.

 

The Best Disability Insurance Companies for Indiana Physicians

When it comes to disability insurance, not all policies are created equal. One critical feature often overlooked is own-occupation coverage. This ensures that if you become unable to perform your specific medical specialty, you will still receive benefits, even if you can work in another capacity.

As a highly trained medical professional, your earning potential is closely tied to your specific skills. Without own-occupation coverage, you might find yourself in a situation where you’re unable to practice your specialty but are not eligible for benefits because you can still work in another field. That is why we partner with the below insurance companies who offer the best own-occupation coverage.

 

Ready to secure your future?

Request a free quote for disability insurance today and take the first step towards safeguarding your career and peace of mind. Your future self will thank you.