Summary Of Illinois Specific Policy Features*

Percent More or Less than Average Premium

Male: -5.76%

Female: -2.31%

Policy Options from All of the Big Six Companies:

Yes

Unisex Policies Offered

No

*The information on this page are accurate as of the date this page was created, September 2021.  Policies and discounts vary by individual circumstances. For information on your specific options, please console with one of our advisors.


Located in the Midwestern region of the United States, Illinois is considered to have the 5th largest GDP, 6th largest population, and 25th largest land area. Illinois is made up of almost 58,000 square miles of water and land area. In total, the state’s resident population includes more than 12.8 million people, with almost 10 million people living in the Chicago metropolitan area.


Currently, there are 22,363 active physicians practicing medicine in Illinois among several different specialty areas including:


  • Emergency medicine: 2,838

  • Anesthesiologists: 2,133

  • Surgery: 2,101

  • Psychiatry: 2,089

  • Radiology: 2,059

  • Cardiology: 1,456

  • Oncology: 929

  • Endocrinology, diabetes, and metabolism: 409

  • All other specialties: 8,349


In a state with thousands of active physicians, it’s important to have the necessary financial securities set up to ensure you are collecting income even after getting a disability. To do this, you need a comprehensive physician disability insurance policy.


Importance of Disability Insurance

At Pattern, we know how intimidating it can be to think about the prospect of becoming disabled, let it be from a physical injury or serious illness. We also understand how complicated it is to think about getting insurance specifically for the event you do become disabled.


Thinking about getting disability insurance shouldn’t be met with anxiety—it’s an opportunity for you to invest in your financial stability. Disability insurance for doctors is just as important as getting medical training and graduating. In fact, one of the best times to purchase a disability insurance policy is during your training period.


As a trainee, you can be eligible for training program discounts, your income will be protected from day 1 of your physician career, and getting disability insurance as a resident will keep your premiums low. Read more in our blog post: 5 Reasons Why Training is the Best Time to Purchase Disability Insurance.



The Big 6

Now that you understand the incredible value to getting physician disability insurance, the next question might be “where do I get disability insurance?” When it comes to disability insurance for doctors, there are the Big 6 companies that work with Pattern to help find policies for physicians like you. These companies are:


  1. Principal

  2. Guardian

  3. Mass Mutual

  4. Ameritas

  5. Standard

  6. Ohio National


Pattern Is Here to Help

To be clear, you could go straight to each of the Big 6, request and review your quote options, and find a policy on your own. But do you really have the time and patience to do that heavy research, while also working your 40+ hours, and caring for your family?


Trust us, we know 100% how much time and patience it takes to research, review, understand and find great disability insurance. The mission of Pattern is provide physicians with the resources and experts to both find you those great policies and make sure you understand every step of the journey. It frees up time for you to spend with your family, relaxing or working. And it’s no cost to you to work with us.


When you work with Pattern, we help you complete 3 simple steps to finding disability insurance:


  1. Request your quotes: you fill out a quote request form, and we submit it to each of the Big 6 Companies

  2. Compare your options: you review and compare your six quotes. Your Pattern support team will be there to guide you through the policies, answer your questions, provide examples, and make sure you have a clear understanding of each policy.

  3. Apply and buy: after you’ve made a decision, we will help you complete and submit a short application. From there, we will handle the insurance paperwork and get your income insured.


If you would like more information, read our Guide to Disability Insurance!