Typically we recommend you purchasing your ‘Own Occupation’ plan while you are young and healthy. By doing so, you can rate lock your plan, be able to buy more coverage as an attending regardless of your risk factors and have no exclusions on your policies.
💡 General Overview of Own Occupation Contracts https://youtu.be/t_sMiUF9aSM
💡 When should you buy this plan? https://youtu.be/xMUFXEAbRsM
💡 Who should you buy these plans from? https://youtu.be/enRtPYixvH0
💡 Select your Contract Type https://youtu.be/431v00Hyc0s
💡 Residual Disability Riders https://youtu.be/I4rR-baqswY
Before buying disability insurance, you should have answers to these questions:
💭How to collect income while disabled
💭How to obtain a portable plan as you move through practice
💭How to get your rates to renew each year as you age
💭How to protect yourself against future underwriting
💭How to guarantee no offsets if you have other income sources
Please let us know if you have specific questions on these elements and/or would like a review of your current plan.
🕛 To schedule your consultation, please click here: https://www.www.mddisabilityquotes.com/schedule-a-meeting
🔔 Subscribe for more here: https://www.youtube.com/channel/UCI5HghYhKie41HbiM7rB8Iw
🚀 Tools and resources we recommend:
⚡️FREE Physician Resources: https://www.www.mddisabilityquotes.com/resources-to-download
⚡️FREE Physician’s Guide to Disability Insurance: https://www.www.mddisabilityquotes.com/physicians-guide
⚡️How Future Purchase Options Work: https://www.www.mddisabilityquotes.com/future-purchase-option
***🔅 Let’s connect at Instagram for more education and business strategies on how to build your personal risk management process @md_disability & @amberstitt_ ***
👍🏽Recommended Resources for specific specialties:
☑️Resources for Dentists: https://www.www.mddisabilityquotes.com/dentists
☑️Resources for Federal Employees: https://www.www.mddisabilityquotes.com/federal-employees
☑️Resources for Females: https://www.www.mddisabilityquotes.com/females
☑️Resources for Residents and Fellows: https://www.www.mddisabilityquotes.com/mds-and-dos-resident-limits
☑️Resources for Optometrists: https://www.www.mddisabilityquotes.com/optometrists
☑️ Resources for Podiatrists: https://www.www.mddisabilityquotes.com/podiatrists
☑️Resources for Veterinarians: https://www.www.mddisabilityquotes.com/veterinarian
☑️Resources for Physicians in the Military: https://www.www.mddisabilityquotes.com/physicians-in-the-military
Thank you so much for stopping by today!
VOCAB FOR THIS VIDEO
PURE OWN OCCUPATION: The inability to perform the material and substantial duties of your occupation, even if gainfully employed in ANY other job; due to a disabling event.
TRANSITIONAL OCCUPATION: If you are unable to work in your specialty due to a disabling event, full benefits are payable to you but if you are working in another job; benefits can be reduced.
OWN SPECIALTY AND NOT ENGAGED: If you are unable to work in your specialty due to a disabling event, full benefits are payable if you are NOT working in another occupation.
OWN SPECIALTY FOR A LIMITED TIME, THEN ANY REASONABLE OCCUPATION: If you are unable to work in your specialty due to a disabling event, full benefits are payable for a limited time period and is usually 24-months.
Videos for frequently asked questions:
💡 WHAT IS OWN SPECIALTY https://www.youtube.com/watch?v=CHVjlSqGLiQ&t=3s
💡 HOW FUTURE PURCHASE OPTIONS WORK https://www.youtube.com/watch?v=OH8mPfdB7Ms&t=29s
💡 DO I NEED COLA? https://www.youtube.com/watch?v=MmgiPQEJxvQ
💡 THE UNDERWRITING PROCESS https://www.youtube.com/watch?v=Sa611TSHeu8&t=18s
💡 GROUP VS. PRIVATE INSURANCE https://www.youtube.com/watch?v=7enAnIXXJxg
💡 COMPLIMENTARY FEATURES INCLUDED https://www.youtube.com/watch?v=k91_NHohecw
