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. (, 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

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