2 minute read
When it comes to disability insurance for physicians, there are many companies that will offer coverage. However, physicians need to be sure to get *true own-occupation coverage* which is only provided by 6 insurance companies at this point.
The "Big 6" insurance companies include:
Some policies are often confused for having *true own-occupation coverage* but DO NOT. Some of these include:
Most employer-provided group plans
True own-occupation is the only definition of disability insurance that we encourage medical professionals to purchase because it is the most comprehensive and will allow you the option of working in another field if you are unable to work in your medical specialty.
When shopping for a policy, getting a physician-specific “own occupation” definition is always the first and most important thing to consider. If you are ready to get started with your own-occupation coverage policy today, fill out a quote request!