What happens to my Disability Insurance if I recover and return to work?

An important question to consider is, “What happens to my disability insurance if I medically recover from a disability but my income does not ‘recover’?” According to the Council for Disability Awareness, the average length of disability for professionals is 82 months. Once someone is no longer medically disabled, most group and even individual disability policies stop paying benefits right away or shortly thereafter. The problem with this is a person’s income often does not return to its pre-disability level. In some cases it may never return. This is why it’s vital to have…

How Do I Know If My Policy Really Contains The True Specialty Definition of Disability?

An important question to answer with certainty is, “How do I know if my policy, in fact, has the true specialty definition of disability. There’s a lot of confusion surrounding this issue. The true specialty definition of disability contains two components. First, you’re considered to be disabled if due to illness or injury you’re unable to perform the material and substantial duties of your occupation at time of claim. If you’re a physician or dentist, your occupation can mean a specific, professionally recognized specialty or subspecialty. AND second, you can earn any amount…

During my residency, Billy got me pointed in the right direction financially as a new doctor, and I have continued to rely on him for sound advice after starting my career on Guam. Billy seems to understand the needs of physicians-in-training, and has a relaxed and thoughtful approach. I was seeking an advisor to help me with disability insurance after hearing from Dave Ramsey and others how important it is to have disability insurance beyond what your employer provides. Many young physicians don't realize how financially vulnerable they are. After being over-sold by other brokers, I fortunately found Billy. I highly recommend his services to any medical professional.

-Dr. Hale, Neurologist and Sleep Physician

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