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. (, 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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