In this of Cover Your Assets episode, host Billy Gwaltney clarifies how disability insurance rates are determined, why they vary between brokers, and how to ensure you’re getting the best coverage without overpaying. Physician listeners will learn what to look for in policies and how to compare offers effectively.
Takeaways
- Insurance rates are fixed and do not vary between brokers for the same coverage.
- Always compare apples to apples; differences in coverage or riders cause rate variations.
- Beware of fluff riders and unnecessary add-ons that inflate premiums.
- The devil is in the details: coverage definitions and benefits matter most.
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.
