What is the Definition of Disability?

We talk a lot about different kinds of disability insurance and physician disability insurance policy riders, but what do we mean by “disability” anyway? What qualifies as a disability for the purposes of your physician disability insurance?

Well, there are several kinds of disability, including own specialty disability and total disability, and this video will help you understand some of what we mean when we talk about disability insurance. For more information on total disability, or to contact us with questions: Total Physician Disability Defined: Private Insurance vs. Typical Association Plan

What You Will Learn:

• What the definition of disability means in a disability insurance policy

• The difference between True Own-Occupation and Own-Occupation Not Engaged

• Why policy language matters more than marketing terms

• How physicians can mistakenly believe they have broader coverage than they actually do

• A real-world physician case study involving an interventional radiologist

• How working in another medical specialty may affect disability benefits

• Why reviewing an existing disability policy is important

• The value of having an experienced disability insurance advisor review your contract

Chapters:

0:00 Introduction: Understanding the Definition of Disability

0:17 True Own-Occupation vs. Own-Occupation Not Engaged

0:42 Real-World Physician Policy Example

1:29 How Working in Another Specialty Can Affect Benefits

1:45 Why Reviewing Your Disability Insurance Contract Matters