Billy Gwaltney, Author at Professional Planning Group

Ameritas GSI Details for Residents and Fellows at Ohio State University (Guaranteed Standard Issue)

Posted on July 18, 2024 - 9:04 am by Billy Gwaltney

Are you a resident or fellow at Ohio State University? You won’t want to miss this episode of Cover Your Assets as we dive into the details of the Ameritas Guaranteed Standard Issue (GSI) policy, offering exclusive coverage with no medical screening, which is now available to you. Host Billy Gwaltney provides an in-depth look at the unique benefits of the Ameritas GSI policy for residents and fellows at Ohio State University. He outlines the three critical elements of a properly designed true specialty policy, explains the guaranteed standard issue concept, and emphasizes the importance of applying for this exclusive coverage.

Episode Highlights:

• Crucial components of a true specialty own-occupation disability insurance policy and how it can benefit physicians. (1:16)

• GSI and its significance for residents and fellows at OSU, including the absence of medical underwriting and exclusions. (4:04)

• Exclusive benefits and features of the Ameritas GSI policy. (5:20)

• Important considerations – like the requirement to apply for GSI before applying elsewhere – and next steps. (8:34)

The Cover Your Assets podcast is on a mission to help physicians like you get their disability insurance right. 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! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. 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 Cover Your Assets podcast, host Billy Gwaltney, head of Professional Planning Group, Inc. (https://ownoccdisability.com), shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA podcast on YouTube (@billygwaltney3135) and visit the Professional Planning Group online (https://ownoccdisability.com/blog).

Stay up to date with Billy on ⁠Facebook⁠ ( / ppgcarolina)⁠ , and LinkedIn ( / billy-gwaltney-chfc-clu-rebc-8b452a75)⁠ . If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

Guardian’s GSI Details for University of Rochester (Guaranteed Standard Issue)

Posted on July 8, 2024 - 9:03 am by Billy Gwaltney

Are you a resident or fellow at the University of Rochester? Have you found the key to ensuring your financial security as a physician? In this episode of Cover Your Assets, host Billy Gwaltney dives deep into Guardian’s guaranteed standard issue policy being offered to you. Listen in as he outlines the vital elements of a properly designed specialty disability policy, including the true specialty own occupation definition of disability and enhanced partial disability benefits.

Episode Highlights:

• Three vital elements of a properly designed specialty disability policy. (1:02)

• Comparison of elimination periods and cost of living adjustment options. (7:34)

• The risk of waiting and the importance of getting the GSI opportunity in place before applying elsewhere. (10:09)

Buyer Beware: The Term ‘Own Occupation’ Means Different Things Depending on the Type of Policy

Posted on June 28, 2024 - 9:01 am by Billy Gwaltney

Did you know that the term ‘own occupation’ in your disability policy could mean completely different things based on your coverage type?

In this enlightening episode of the Cover Your Assets podcast, host Billy Gwaltney breaks down the complexities behind various disability insurance policies. He dives into the distinct differences between group employer policies and individual private disability policies and exposes the often murky definitions that can significantly impact your coverage.

This episode is a must-listen if you want to ensure your policy will actually protect you when you need it most.

Episode Highlights:

Understanding the difference in group disability policy definitions and explaining adverse selection. (02:02)

Why ‘own occupation’ means different things in employer-provided vs. individual policies. (04:41)

Examples of how policy definitions affect claim approvals. (10:57)

Key elements to look for in an individual private policy to ensure comprehensive coverage. (12:55)

The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. 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! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. 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 Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.

For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.

If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

Guardian’s GSI Details for NewYork-Presbyterian (Guaranteed Standard Issue) – Cover Your Assets

Posted on June 20, 2024 - 9:00 am by Billy Gwaltney

Are you a resident or fellow with New York-Presbyterian at Columbia, Weill Cornell, or Queens? Are you looking for disability insurance without the hassle of medical screening? In this episode of Cover Your Assets, host Billy Gwaltney provides an exclusive overview of Guardian’s Guaranteed Standard Issue (GSI) disability policy being offered to you. Learn about the unique benefits and opportunities available to residents and fellows at these facilities and discover why this coverage is considered the best on the planet.

Billy also breaks down the three non-negotiable elements of a properly designed private specialty disability policy, provides an in-depth explanation of the Guardian guaranteed standard issue program, discusses the importance of timing in applying for this coverage, and emphasizes the exclusivity and portability of the policy.

Episode Highlights:

• True Specialty Occupation definition of disability. (1:24)

• Enhanced Partial Disability Benefit. (2:41)

• Long term recovery benefit and Future Increase Option details. (3:10)

• Importance of applying for GSI before medical underwriting. (8:14)

Cover Your Assets…From All Angles with Financial Advisor Kyle Christensen

Posted on June 11, 2024 - 8:58 am by Billy Gwaltney

Are you ready to secure your financial future and plan for a fulfilling career? In this fascinating episode of Cover Your Assets, host Billy Gwaltney chats with financial advisor John Navin, dissecting the intricacies of succession planning and long-term financial strategies. John shares his vast experience and unique personal journey, making complex concepts accessible and actionable.

Discover the unique features of John’s innovative “Lifestyle Maximizer” plan, a comprehensive approach to financial health that addresses key areas such as estate and tax planning. The conversation also delves into the role of personal values and vision in shaping financial strategies, offering a roadmap to align your finances with your life goals without compromising on today’s joys.

Episode Highlights:

John talks about having a personal succession plan and hiring his first COO. (00:29)
Introduction to the “Lifestyle Maximizer” plan and its comprehensive approach. (06:17)
Building trust with clients nationwide and the significance of values and vision in financial planning. (14:23)
John’s essential financial advice on the importance of having a custom plan. (20:27)

Tune in for an episode that not only covers the essentials of financial planning but also inspires you to map out a fulfilling journey both in life and in your career. Join Billy and John as they unpack what it truly means to Cover Your Assets…From All Angles.

The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. 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! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. 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 Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.

For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.

If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

— Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Back By Popular Demand: Two Types of Disability Policies

Posted on June 6, 2024 - 8:57 am by Billy Gwaltney

This episode was first broadcast in November 2022. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).

When physicians contact me about disability policies, they always ask what types of disability policies are available. There are two different types. But even though they’re both considered disability policies, one works in your favor while the other could force you to pay back your benefits. In this episode, you’ll discover the two types of disability policies and which one you should choose for the maximum benefit.

Episode Highlights:

• The two types of disability policies and how to pick the best one for you. (0:49)

• The “adverse selection” reason why group LTD policies restrict your benefits. (3:14)

• Why you might be forced to pay back your disability benefits if you sign up for the group LTD policy. (6:12)

• How to get paid your full disability policy, even after landing another job. (7:19)

The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. 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! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. 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 Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc. (https://ownoccdisability.com), shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube (@billygwaltney3135) and visit the Professional Planning Group online (https://ownoccdisability.com/blog).

Stay up to date with Billy on ⁠Facebook⁠ ( / ppgcarolina)⁠ , and LinkedIn ( / billy-gwaltney-chfc-clu-rebc-8b452a75)⁠ .

If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

The Streamlined Medical Screening Process for Trainees

Posted on May 29, 2024 - 8:55 am by Billy Gwaltney

Are you a resident or fellow physician looking to navigate the medical screening process for disability coverage with ease? In this episode of Cover Your Assets, host Billy Gwaltney reveals the streamlined procedure for securing private specialty or occupation disability coverage and how it’s been simplified to require minimal time and effort.

Walk through the electronic and phone-based medical screening process for trainees and attendings (highlights: time-saving benefits and the waived need for insurance physicals), gain valuable insights into the importance of having the right definitions and trainee discounts, and understand how brokers advocate for clients to influence underwriters and navigate the process seamlessly.

Episode Highlights:

The streamlined electronic and phone-based medical screening process for trainees and attendings. (00:40)

Insight into the timeline for processing applications and the role of brokers in influencing underwriters. (3:21)

The significance of having the right definitions and securing trainee discounts for disability coverage. (4:13)

How to effectively work with a specialist broker to ensure a smooth and quick process. (4:48)

For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.

If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

Back By Popular Demand: Discounts – How Do They Work, Who Can Get Them?

Posted on May 23, 2024 - 8:53 am by Billy Gwaltney

This episode was first broadcast in January 2023. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).

How much are you paying right now for your insurance premiums? There’s a 95% chance it’s too much. Because 95% of physicians don’t know that they can reduce how much they pay in premiums on their coverage. How? By getting a discount through the right associations. Doing so can save you up to 50% on your coverage. In this episode, you’ll discover how to add discounts to your existing attendant coverage. And, if you’re still in your trainee phase, you’ll find out how to save up to 50%!

Episode Highlights:

• How to permanently save up to 40-50% on your disability coverage by using a trainee discount. (1:23)

• How to get up to 15% off your coverage as an attendant, even if you’re past the trainee period. (3:24)

• The “Policy Discount” loophole most insurance companies use to charge you extra premiums, and how you can avoid it. (4:32)

• A secret strategy for saving money on your insurance policy, while upgrading your coverage. (4:50)

The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. 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! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. 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 Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc. (https://ownoccdisability.com), shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube (@billygwaltney3135) and visit the Professional Planning Group online (https://ownoccdisability.com/blog).

Process for Enrolling – Ameritas GSI (Don’t Apply Elsewhere First)

Posted on May 15, 2024 - 8:45 am by Billy Gwaltney

Are you a resident or fellow at Ohio State University or OhioHealth? Are you fully prepared for the enrollment process for Ameritas Guaranteed Standard Issue (GSI) disability coverage? In this episode of Cover Your Assets, host Billy Gwaltney breaks down the straightforward electronic enrollment process, emphasizing the importance of enrolling in the GSI before applying elsewhere.

Learn about the efficient and hassle-free nature of the application, the potential processing timeline, and the crucial rule to consider before making any other applications.

Episode Highlights:

Insight into the simple and quick electronic enrollment process. (00:30)

Understanding the potential processing timeline for the application. (1:20)

The crucial rule of enrolling in the GSI before applying elsewhere, ensuring eligibility for the valuable coverage. (2:20)

The advantages of GSI, including the lowest rate, 20% discount, and efficient underwriting process compared to traditional medical screening. (2:44)

The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. 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! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. 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 Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.

For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.

If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

Back By Popular Demand: Why Buy Disability Insurance Early

Posted on May 9, 2024 - 10:42 am by Billy Gwaltney

This episode was first broadcast in February 2023. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).

As a trainee, it can be tough to budget for disability coverage. But here’s the thing: waiting to get coverage is like playing a risky game with your finances. Think about it—the longer you wait, the higher the interest rates on your coverage will be. It’s like a ticking time bomb for your wallet. This is why it’s important that you learn to take control of your financial and health destiny now to get the best discounts and rates on disability coverage. In this episode, we’ll show you how to do just that while paying as little as possible on premiums.

Episode Highlights:

• How to get the largest discount on your disability coverage. (2:14)

• How 95% of trainees end up paying 20-30% extra for coverage—and how you can avoid that. (3:16)

• Why waiting for four years (as a trainee) to get coverage could end up permanently costing you an extra 40-50% in premiums. (3:43)

• How you can legally bypass in-person physical screening for coverage as a trainee. (4:32)

• The key to securing the lowest premiums on your coverage. (6:42)

• Why a lower coverage rate may be the smarter choice as a trainee. (9:55)

The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. 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! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. 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 Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc. (https://ownoccdisability.com), shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube (@billygwaltney3135) and visit the Professional Planning Group online (https://ownoccdisability.com/blog).

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