Secure Your Regular Income through True Own Occupation Disability Insurance for Physicians


Posted December 26, 2018 by doctorinsurancegroup

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Orlando, Florida.

Doctor Insurance Group has launched disability coverage that was hitherto not available with general or health insurance. Such kind of lack of coverage actually exposed physicians and surgeons to financial misfortunes that might take place in case of normal injuries or sickness that might temporary or permanently limit the ability to perform their specialty.

In fact most of the medicos generally overlook such kind of injuries which can temporarily limit their ability to earn income. Shocking stats reveal that one out of three persons face such kind of sickness injuries for 90 days or more at least once in their lifetime.

It would be illogical to ignore such a huge threat. When such kind of injuries and sickness prevent you from earning your regular income, the true own occupation disability insurance can come as a big help. The kind of benefits you receive will actually compensate for the loss of income during the period you were unable to perform your duties.

True own occupation disability insurance for surgeons works even if you are making a higher income in another profession. All you can do is to buy the extra policy riders in the contracts. Such riders will help you to increase your coverage. They will also allow you to get the benefit even if you are partially disabled but still performing your duties, which is a rather realistic claim scenario.

So the true own disability insurance for doctors will not deprive you of your justified claims and benefits. Similarly you can also choose a rider that would help you to get increased benefits every year to compensate the inflationary pressure.

Another benefit of true own occupation disability insurance for physicians is that it allows you to work within your own occupation but at a different capacity during the days when you face a disability. You will still be able to get the benefits covered. You can work and earn income in another occupation, while the insurance company will continue offering you benefits.

When you sign the insurance contract, you will find that you get a guarantee that the premiums will be locked in and will not be increased during or after the policy period. The contract renewal is also guaranteed. The true on occupation disability insurance for physicians actually provide you adequate tax free income so that you or your family might not face any kind of financial distress because of an illness or disability in that prohibits you to work in your profession.

Many people say that they have group coverage or professional associations’ coverage. They also think that they will easily get financial compensation through social security, but practically these are quite uncertain and very few people are actually able to avail those compensations and benefits. The strict clauses actually limit the benefits being offered in such schemes.

As a matter of fact, group coverage are the least helpful as very few people are actually able to avail any kind of benefits under group coverage. Similarly social security benefits are offered only against complete disability, where in there is no hope of recovery for at least one year. It also says that such benefits are extended only when you are unable to do any kind of work and not just your own profession. Visit www.doctorinsurancegroup.com for more information.


Business Details

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Doctor Insurance Group, LLC

6000 Metrowest Blvd, Suite 101, Orlando, Florida

800-997-0148

https://doctorinsurancegroup.com/
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Issued By Doctor Insurance Group, LLC
Country United States
Categories Business , Finance , Services
Tags best disability insurance for surgeons , liability insurance for physicians , own specialty disability insurance for female doctors , true own occupation disability insurance for physicians , whole life insurance for doctors
Last Updated December 26, 2018