Exclusion Riders—Not Always Too Exclusive

Exclusion Riders Not Too Exclusive for Physician Disability Insurance

Occasionally I take an application from a doctor who has a history of an injury, disease, or other disorder that has a higher than normal risk of causing future problems. Rather than decline the application, often insurance underwriters will agree to issue a regular policy that covers everything except that problem. This allows the applicant to still get a policy and have everything else covered at a fair premium rate.

These exclusions are not always completely exclusive, however. The intent of many of these riders is to exclude just the preexisting condition – not all situations that involve the affected area.

Act Fast – High Disability Benefit Opportunity Ending Soon!

High Physician Disability Benefit Ending Soon

Back in May I shared that the disability provider with the highest limits will no longer be offering their products directly to physicians after September 1st. This deadline is rapidly approaching, so upper income physicians who are interested in getting a high $35,000 monthly income benefit from their disability insurance policy need to act now.

Don’t Forget About Business Overhead Expense Insurance!

Business Overhead Expense Insurance | Physician Disability Insurance

When a physician who owns his or her own practice comes to one of our agents, the breadth of coverage to consider is often not understood. Being able to keep your business doors open and your operation running at full capacity while you are disabled shouldn’t be overlooked or disregarded so easily. There is coverage available that can help minimize the toll business expenses can take not only on your practice, but on your financial situation at home, too.

Went Fishing and Got Hooked!

Family Fishing | Physician Disability Insurance Story

Last week my family and I were on vacation in Key Largo and it was the first time we spent any real amount of time fishing. Now, I am not talking all day, but in the evenings we would go out to the pier the condo had, bait up some hooks with shrimp, and then drop a line in. We would typically sit out there 2-3 hours just visiting with each other and the other owners in the complex.

After the first night and several suggestions from the other people watching our less-than-stellar success at fishing (our lines kept breaking), we were told we needed to buy nylon coated metal lead wires. My son, Braeden, was so excited the next night because we were catching tons of fish (caught and released). He did not care if he caught a 1 lb grunt fish, snapper, baby barracudas, or 2 foot black tip sharks – all were fun and exciting.

Each night this was our routine and each night a few of the same owners came down to watch the sunset (which was amazing!). As we all visited, there was one gentleman that I talked to more than the rest. He shared an interesting story.

“I Hope My Agent Sold Me Disability Insurance!”

Hoping You Had a Physician Disability Insurance Policy

I received an email this morning from the wife of a surgeon whom I spoke with years ago. She was hoping her husband had some physician disability insurance with me – some insurance they could use now because he is becoming disabled. She didn’t tell me the details of his disability, but it is too late for them anyway. I didn’t have good news for her.