Author Archives: Billy Gwaltney

 As a physician, there are seemingly endless demands on your time. From training to continuing education to your family… not to mention seeing patients, you feel like you’ll never get it all done. And you know you need disability insurance, but is it worth it to take the time for medical underwriting and add yet another thing to your list?

In this episode, Billy discusses the benefits of medical underwriting compared to a group policy, and how to slash the amount of time medical underwriting takes, so you get the coverage you need.

Highlights from this episode include:

• Why your guaranteed-issue policy is robbing you of benefits and how to fix it ([2:10])
• The smart doctor’s secret to streamlining the underwriting process and not wasting time ([2:38])
• Why group coverage policies cost you far more when you actually have to use them ([3:37])
• How to dominate the medical underwriting process and get a policy that won’t destroy your savings ([4:42])
• Why coverage offered to everyone… might not pay anyone ([7:19])

Start A Conversation

If you enjoyed and valued this content, you might also want to check out What is the process for buying a policy? This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts.

If you’ve ever looked into disability insurance coverage, you know that it can be confusing. There are so many terms and definitions that it can make your head spin. But if you focus on the essentials, it becomes easier to understand.

In this episode, Billy goes over the 4 key elements of a disability insurance policy that you must understand, and explains why they matter to you and your family.

Highlights from this episode include:

The 4 key elements of disability insurance and why getting them wrong can end your life as you know it (1:01)

The devious way insurance companies can prevent you from earning income outside of medicine (2:08)

The benefit you must have in the event of a partial disability (3:06)

This mysterious benefit is essential but almost completely unknown by most physicians (3:49)

The almost magical trick to saving money on insurance, even as your income rises (5:50)

If you enjoyed and valued this content, you might also want to check out Episode 57 – Billy’s initial conversation with a Surgeon Trainee. This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts.

And/or Discounts – How do they work, who can get them? This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts.

You’ve invested years of your life and thousands of dollars in your medical education and training so far. And you may believe that working in the healthcare industry makes you invincible. But what would you do if you woke up one morning and could no longer practice medicine? Do you have a backup plan?

In this episode, Billy discusses why disability insurance is an essential part of your professional life, and why you should consider protecting your income no matter where you are in your career.

Highlights from this episode include:

Why one doctor had his colleagues rushing to get disability insurance as fast as possible (2:12)

This tragic story shares a lesson on the right time to get disability coverage (2:46)

The practical reason for having the right insurance agent if you become disabled (5:05)

How to overcome the untimely end of your medical career (7:33)

How to get disability coverage for less than you thought possible (8:04)

If you enjoyed and valued this content, you might also want to check out Episode 58 – Billy’s initial conversation with a Non-Surgeon Trainee. This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts.

When it comes to you and your disability insurance, words matter. Specifically the policy language that defines your occupation. How this part of the policy is worded can make the difference between the insurance company paying you during a disability, or leaving you high and dry on a technicality.

In this episode, Billy discusses how this definition should be worded and common pitfalls that doctors like you need to be aware of when it comes to disability insurance.

Highlights from this episode include:

• Why the wrong occupational definition could bankrupt you and your family ([1:46])
• How to continue earning a living, even when you can’t practice your specialty… And still  keep your insurance benefits ([2:41])
• Is the policy provided by your employer good enough? Not if it doesn’t have this specific feature ([3:12])
• The commonly misunderstood emotional cost of disability and how to protect yourself from mental breakdown ([4:45])
• If your policy has this common definition of your occupation, you’re heading for financial ruin ([5:34])

Start A Conversation

If you enjoyed and valued this content, you might also want to check out Episode 57 – Billy’s initial conversation with a Surgeon Trainee. This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts. 

And/or Episode 60 – What if I do lots of Procedures & lots of Clinic. This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts. 

And/or Is Disability Insurance Really Worth It? With Dr. Naguib Farah. This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts.

 Don’t let accidents, illness, or injury destroy your hard work. You’ve spent years of your life and hundreds of thousands of dollars to become a physician. This is the career that will give you and your family everything you’ve dreamed of.

You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the C.Y.A. Podcast, Billy Gwaltney shows you exactly what you need to do to protect your income and your way of life.