Understanding different disability plans can be complex for someone not familiar with all the insurance jargon that comes along with these plans. When looking to secure a private disability insurance policy, physicians find themselves struggling to get the correct information consistently! This is why we are going to address the best ways to review your policy before you purchase it. There are two ways a physician can go about comparing and contrasting their disability options.
After you’ve spent thousands of dollars and hours investing in medical school and your training, your biggest asset is your future income—which is why it’s so essential to protect it.
Disability insurance is a type of insurance that provides income in the case that you are unable to work due to an injury or illness.
A disability ranging from a long-term illness to a disabling accident could end your career and your financial stability.
Protecting yourself and those who depend on you is essential, and to do so you need disability insurance to cover the loss of income you would face in unfortunate circumstances.
In this blog post, we are going to be covering the 5 ways to get the most out of your disability insurance policy.
With so many options, getting disability or life insurance can be scary and stressful. You may question where to start or even put it off because you’re overwhelmed.
Don’t let the sheer volume of information deter you though, because disability and life insurance are two of the most important financial securities you can invest in.
There are many ways physicians can get disability and life insurance. Usually, most people will get them separately causing a huge hassle for themselves.
With over 800 life insurance companies and multiple different disability insurance companies will multiple options, it can be a big task trying to find the right one for you.
Disability and life insurance are two of the most important investments a doctor can make when it comes to financial security for your family and your income.
The problem is, when insurance shopping, you can be overwhelmed by how much time it takes to get everything done. Many people will end up skipping one or the other and end up not fully protected.
That’s why we recommend getting disability and life insurance together, where you can apply for both life insurance and disability insurance at the same time.
Quit wasting your time researching disability insurance with our comprehensive Beginners Guide to Disability Insurance for Doctors.
In this blog post, we will be going over the basics of everything you need in order to figure out how much life insurance you need (specifically for physicians, doctors, residents, medical students, and fellows!)
One of the most common questions that we get asked by physicians is "How much coverage do I actually need?"
And it is true that there are people out there who will sell you too little, and people who will sell you too much, and it’s not good to be in either situation.
So you know you need life insurance… but how much Life insurance do you need? And what type of life insurance should you get?
We’ll be going over the basics of how to figure out how much life insurance you need and what type of life insurance you should get (specifically for physicians, doctors, residents, medical students, and fellows!).
When talking about life insurance the first thing to think about is, DO YOU NEED IT? In this post, we will be going through the basics of life insurance so you can determine if you need a policy.
At Pattern, we know that you want to be confident and in control of your finances. In order to do that, you need to buy disability insurance. The problem is disability insurance is complicated and takes too much time!
In case you missed it, Pattern hosted a webinar with SoFi this past week to talk about all things debt!
In this webinar, Matt Wiggins, co-founder of Pattern, and Bruce Brotine from SoFi covered many medical student debt topics including refinancing, repayment, loan consolidation, PAYE, ICR, REPAYE, Hybrid, IBR, and how to pay less on your student loans and get out of debt faster.
This is a transcription from the Pattern/SoFi webinar on debt.