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Author Archives: Billy Gwaltney

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

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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

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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

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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)

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: Discounts – How Do They Work, Who Can Get Them?

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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).

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.⁠

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

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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

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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).

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.⁠

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

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Are you a resident or fellow at NewYork-Presbyterian or the University of Rochester looking to enroll in the Guardian Guaranteed Standard Issue (GSI) disability policy? In this episode of Cover Your Assets, host Billy Gwaltney outlines the seamless process for enrolling in the program, highlighting its simplicity and efficiency.


Join Billy as he shares the step-by-step procedure, from filling out a pre-application form to signing the application electronically. Discover how the Guardian GSI program eliminates the need for medical screenings or extensive questionnaires, making it incredibly convenient for busy trainees.

Episode Highlights:

Learn about the quick and simple electronic pre-application form. (1:10)

Understand the importance of applying for the Guardian GSI first before considering other coverage. (2:17)

Explore the efficient processing and turnaround time, ranging from 24 hours to two weeks. (3:45)

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: Do I Need a Broker?

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This episode was first broadcast in April 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). 

Some people think it’s better to skip a broker and go straight to an insurance company to avoid paying an extra fee, which is an excellent idea if you want to save money by doing the work yourself. But unfortunately, it is more complicated than you think. Going straight to the insurance companies is often more expensive because you won’t get the best rates (and you wind up paying for the broker fee anyway). In this episode, we share whether skipping a broker is a good idea, how to get the best disability coverage, and how to save yourself from coverage issues that cause frustration and hurt your wallet.

Episode Highlights:

• Can you go straight to an insurance company to avoid paying an extra fee for the broker? Here’s why it could cost you more. (1:17) 

• How to choose the right broker—and why not knowing this detail could cost you thousands of dollars. (2:33) 

• Why buying disability coverage from a large firm is the worst financial decision you can make that’ll cost you thousands in the long term. (5:18) 

• The three traits your disability coverage broker absolutely needs to have. (7:18) 

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.⁠

Quote Spreadsheet Overview with Benefit Increase Rider (BIR)

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Do you want to safeguard your hard-earned success? In this episode of Cover Your Assets, host Billy Gwaltney breaks down the quote spreadsheet, providing a detailed overview of the Benefit Increase Rider (BIR) and what makes disability coverage so crucial for physicians in training.


Discover the top true specialty disability carriers and the key elements you need in your coverage plan. Learn the importance of private, portable, non-cancelable, and guaranteed renewable coverage with the BIR that allows you to expand your coverage once you become an attending. And gain valuable insights into getting this part of your financial life exactly right.

Episode Highlights:

The importance of private, portable, non-cancelable, and guaranteed renewable disability coverage. (1:17)

The benefits of the BIR and its significance for physicians in training. (3:17)

The top true specialty disability carriers and their interchangeable contract landscape. (4:42)

Key components of disability coverage and the role of a specialist broker in securing the right plan. (26:33)

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: What Are The Top 4 Insurance Companies?

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This episode was first broadcast in June 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). 

Picking the right disability coverage provider is a big deal. Why? Because they’ll be your safety net when times get tough, and you’ll be paying them for a long time. Make sure it’s a wise investment. In this episode, we reveal the top companies we recommend and what to watch out for. Plus, we’ll share two more alternatives if you can’t access the top four.

Episode Highlights:

• The ultimate disability coverage: four companies you can’t afford to overlook (and why choosing otherwise could cost you thousands). (1:05) 

• Choose this company if you expect to have an exception during the lifetime of your policy (Note: no other company will let you add changes to your policy). (1:54) 

• Want the lower rates on your policy? Choose THIS to save a fortune on premiums over the years. (2:15) 

• Are medical screenings a concern? Can’t pick among the four companies? Here are two more companies you can look at. (3:55) 

• The three types of life insurance, which one is cheapest, and which to get if you want the biggest payout possible. (6:11) 

• Why self-insuring is almost always a costly mistake, even if it seems cost-effective on the surface. (10:43) 

• The surprising “life enjoyment” benefits of keeping an active life insurance policy after retirement. (16:51) 

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.⁠

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