This episode was first broadcast in August 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).

Why do shady brokers take advantage of so many innocent physicians? The biggest reason is that most people want cheaper rates, even though the top four companies offer safe, worthwhile coverage. Physicians think they're doing the right thing but set themselves up for misfortune instead. They can lose thousands of dollars every year and face hours of stress and endless troubles when a disability case comes up. In this episode, you'll see the common pitfalls that price shoppers face and discover how to prevent shady brokers from taking advantage of you—so you get the coverage you deserve.

Episode Highlights:

• The dirty little secret shady brokers use to dupe you into paying thousands of dollars extra for cheaper coverage. (2:25)

• Three overlooked coverage mistakes that could cost you a fortune. (3:00)

• Make sure you have these “Vital Cost” features in your coverage when buying (Warning: not knowing these allows your broker to take advantage of you). (3:28)

• Three “Life Saving” features without which your coverage is useless (Note: Missing one of these means you’ll be left high & and dry during a disability). (4:25)

• Surprising reason why using a graded premium is going to cost you thousands of dollars more instead of saving money. (5:24)

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 (@billygwaltney3135) and visit the Professional Planning Group online (

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  Gwaltney

Billy Gwaltney

Contact Me