Updated: Sep 15, 2020
Clients often ask me if they should use the same company to buy both physician disability insurance and life insurance, considering there may be a discount. The answer is oftentimes “NO.” Since life and doctor disability insurance are different products, it is important to look at them individually.
When you purchase either an individual physician disability insurance or life insurance policy, you may reuse your paramedical results up to six months after the exam if you then choose to purchase the other type of insurance.
Since life and doctor disability insurance are different products, it is important to look at them individually.
If you purchased a life policy and subsequently want to purchase a doctor disability insurance policy, make sure you find a policy that is suitable to your needs and covers you in your own occupation or medical specialty, even if that policy does not come from the providor who issued you your life insurance policy.
Both types of insurance are important to consider (read this post by Cherie M. Zebley why physician disability insurance is even more important), but each have their own unique considerations. Contact MD Disability Quotes to see what kinds of doctor disability insurance policies are available to you with your medical sub-specialty.