I recently had a high-income radiologist apply for disability income insurance. He told me up front that he would not take the policy if it came with an exclusion for one of his fingers. Two years earlier, he hurt the finger while playing soccer. He had to have a ligament repaired, but now the finger is working great.
Most of the uninsured doctors I talk with really want to get disability insurance, but they struggle to find a few minutes to fill out the application. Sure, they understand the importance of getting a good policy before something happens to their health in order to protect their families financially. Still, they get busy and put off completing the application again and again thinking they will have time to do it later.
But one thing that really seems to motivate doctors to take the time to get their insurance is their birthday!
July 4, 2016 represents 240 years since our great nation was born! Our history is that of farmers, explorers and ship builders that led us to now be – arguably – the economically rich and powerful country in the world.