How Disability Insurance Protects Your Loved Ones

If your family relies on your income, you need to make sure it’s protected from a career-disrupting injury or illness. 

Imagine you're at the peak of your medical career, but an unexpected illness or injury suddenly halts your ability to work. 

While you're trying to focus on recovery, the financial stability of your loved ones who depend on your income hangs in the balance. 

Short-term, keeping up with expenses like your mortgage, car loans, credit card debt, student loans, and childcare could be difficult. But long-term, your earning potential would be negatively impacted. Physicians with disabilities earn 20.8% less annually and work 110 hours less per year on average than physicians without disabilities.

The Need for Personalized Coverage

This is where the true power of a true own-occupation disability insurance policy shines. 

It’s a safety net that pays you your full benefit if you can’t perform your specific duties or specialty, even if you’re employed somewhere else. You likely won’t get that level of coverage from your employer’s disability insurance plan, which will only pay you your benefit if you are completely unable to work. 

Simply put, going with a true own-occupation plan means your family's lifestyle and financial future are protected.

Considering a disability insurance policy usually costs 1-3% of your monthly salary and you could you could lose nearly 21% of your annual income if you become disabled, it’s a worthwhile investment. 

Plan for the Future

Regardless of whether others currently depend on your income, today is the perfect time to secure your policy

The simple fact is you will never be younger or healthier than you are today, which means you will benefit from lower premiums. In addition, discounts available during training can save you thousands of dollars over the lifetime of your policy.

Protect Your Family’s Financial Future

As a physician, you face considerable demands on your time, so thinking about your family’s financial future can feel overwhelming. Let Pattern shop for the right disability insurance policy for you with no obligation to buy.

Start with a free quote request that takes just 5 minutes. Then, receive a free consultation with one of our experts to review your policy options. Finally, secure your policy and enjoy the peace of mind knowing your loved ones are protected. 

It's time to check disability insurance off your to-do list, ensuring your family's future is secure regardless of what tomorrow may bring.