If you’re a Certified Registered Nurse Anesthetists (CRNA) and are responsible for some or all of the monthly expenses of your home and family, you should consider purchasing a personal disability insurance or disability income protection policy.
You may think that as a health care professional you know how to take care of yourself to be healthy enough to continue working until at least you reach the retirement age. However, what if there are unavoidable health risks right there in the workplaces?
One of the Most Health-Damaging Jobs
Did you know that Certified Registered Nurse Anesthetists put their health at risk to perform their duties and responsibilities as health care professionals? In fact, CRNAs together with Anesthesiologists and Nurse Anesthetists are among the most health-damaging jobs based on data from the U.S. Department of Labor’s Occupational Information Network (O*Net).
The list of health-damaging jobs was based on the analysis of exposure and risk to the following: disease and infection; radiation; hazardous conditions; minor burns, stings, cuts and bites. Each risk factor had O*NET scores from 0 to 100 with the higher number indicating the higher health risk.
Exposure to the following health risks, with their corresponding O*NET scores, came out as the top concerns for CRNAs: disease and infections (94), contaminants (79) and radiation (71.8).
Exposure to these workplace health risks could lead to cancer, heart disease, and other illnesses that cause the majority of short and long-term disability. In fact, if you’re around the age of 40, your chances of experiencing a disability prior to age 65 which lasts three months or greater are 21% or approximately 1 in 5.
Choosing Your CRNA Disability Insurance Provider
In choosing the best disability insurance policy, you should consider the following major factors: type (short or long term), the key insurance benefits and cost of policy. This may take up much of your time. It is to your advantage to choose a disability insurance provider that:
- Helps you review rates from the leading providers of individual disability insurance
- Provides quotations from all the major disability insurance carriers so you’ll have many quotes to compare
- Helps you learn more about the options available to protect your CRNA income
As a CRNA, you probably make between $77,000 and $197,000 per year or more. You may have large monthly expenses as well, such as medical or nursing school loans, a home mortgage, and perhaps private school tuition for your kids. Insuring your CRNA income is one way of making sure that you still get a partial or total replacement of your much-needed income. It is also like a savings protection plan because you won’t need to use your savings to meet your financial needs during your disability period.
Let us help you find disability insurance information, coverage and rates that fit into your over-all financial plan. Give Jeff Pennington a call at 1-877-221-6198 or use the form on the right to request a quote, get answers to your questions, and find the right policy.
Written on 05/11/2017