The Best Companies For Own-Occupation Physician Disability Insurance
If you’re a physician, you know that your earning potential is tied to your ability to practice medicine. If you become disabled and can’t work in your own occupation, you stand to lose a significant amount of income. Own-occupation physician disability insurance provides you with financial protection if you’re unable to work due to a disability.
Let’s discuss the benefits of own-occupation disability insurance for physicians, what to look for in a policy, and the best companies to buy this type of policy from.
How Does Own-Occupation Physician Disability Insurance Differ from other Disability Policies?
As a physician, your ability to earn a living is directly tied to your ability to practice medicine. If you were to become disabled and unable to work in your chosen specialty, those years of hard work and study would vanish. Fortunately, own-occupation physician disability insurance can provide you with financial protection for the specialty you’ve chosen.
Unlike other disability insurance policies that only provide coverage if you are unable to work in any occupation for which you are qualified, own-occupation disability insurance is designed specifically for physicians and other highly specialized professionals. This means that it provides coverage even if you are able to work in another occupation, as long as you are unable to perform the duties of your own occupation.
Given the physically and mentally demanding nature of healthcare, having own-occupation disability insurance gives you peace of mind knowing that you and your family will be financially secure if you are unable to practice medicine because of a disability....
Read full blog - https://www.leveragerx.com/phy....sician-disability-in