Pediatricians require the best of health to perform their daily duties of infant, child and adolescent care. A long term disability can create large problems for your career or medical practice.
- You’ll review insurance plans from all of the major disability insurance companies.
- Then you can decide the best option for your specific situation.
As a Pediatrician, you probably make between $130,000 and $200,000 per year or more. Your monthly expenses may be quite large as well, with medical school loans, a home mortgage, and malpractice insurance being your largest expenses. Insuring your income in the event of a long term disability is an important part of good financial planning.
Typically, the insurance companies will allow you to buy a max monthly benefit up to 60 to 70 percent of your income. You do not have to purchase the max amount. You can evaluate a lower amount. Max monthly disability coverage will depend if you have any other long term disability insurance coverage in force. Every Pediatricians situation is different. Contact our office for specific disability quotes.
Most pediatricians could not pay their bills in the event of a long term disability. Could you?
Contrary to what most people think, medical conditions like arthritis, back injuries, cancer, and heart disease cause most of the long-term disability claims.
Let us help you find disability 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.