Whether you are fresh out of residency or a seasoned physician, the one thing that no doctor should be without is a good disability insurance for physician policy. While it may be hard for you to imagine not being able to practice, that reality is much more likely to occur than you think. Instead of waiting on chance or an unforeseen event to take away what you have worked so hard to achieve, here are some reasons why it is a good idea for you to have a policy.
- Offers you financial protection regardless of your area of practice or specialty.
- Covers a wide range of living and healthcare expenses including optional nursing facility and home health care services.
- Provides enough income to keep you and your family financially stable and comfortable while you are unable to practice due to disability.
- Can be purchased as a primary or supplemental policy.
Bear in mind that if you are disabled or become so ill that you are not able to perform your medical duties, there are still financial obligations that you are required to pay such as student loans, mortgages, and living expenses for you and your family. That is why it is so vitally important for you to have disability insurance for physician. It picks up and does what you cannot do financially when you are not practicing, so that you have some peace of mind and financial stability.