Summary Of New Hampshire Specific Policy Features*

Percent More or Less than Average Premium

Male: -0.79%

Female: 2.83%

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.


New Hampshire is a state in New England that has been defined by its quaint towns and large stretches of wilderness. The White Mountain National Forest provides opportunities for winter sports, while Mt Washington stands at an elevation over 4000 feet with scenic views throughout much if not all parts within the forest boundaries.


The inhabitants pride themselves on having some excellent hiking terrain right outside their doors: From moose frequenting high mountain ranges to black bears enjoying lapse into hibernation when food supplies run low after autumn's harvest season ends; there’s plenty here worth seeing!


As the United States becomes more diverse, healthcare providers need to make sure they're providing care for everyone in order not just those with traditionally "white" names or skin colors. For instance--in 2050 there will be no fewer than 20 million senior citizens! And since this group has been joining Medicare at an increasing rate compared their total population growth rates throughout America's history- it should come as no surprise that these folks are going put pressure on our federal budget too: especially when you consider how much costlier doctor visits tend be among older people who don't yet qualify f



Why You Need Comprehensive Disability Insurance

We all want to be able to retire comfortably, but if something happens that prevents us from doing so—well it’s nice know your finances will get fat in case of emergency. That's why I recommend getting a disability insurance policy from our guide on how! The most popular types are true own occupation (which pays benefits when you can't perform specialties), transitional occupations where employed elsewhere during periods between jobs as well and finally modified-own worksites which allows flexibility around performing duties at work due illness or injury


Employer vs. Individual Disability Insurance

As you read above, businesses are required to provide insurance to employees who work a certain number of hours in a week. As an active physician, you very likely meet those qualifications. While having health insurance through your employer can be both wonderfully convenient and a life saver, getting disability insurance through your employer is a completely different situation and should be avoided.


There are four major downsides to getting physician disability insurance through your employer:


  1. Employer policies are not true own-occupation. In fact most employer policies will have an any-occupation definition. This means that regardless of the severity of your disability, you’re only considered disabled if you can’t work in any occupation that you could reasonably be suited for based on education, training or experience. Under an individual disability insurance policy you will collect your full insurance benefit and still be able to work somewhere else.

  2. Employer policies are taxable. If you happen to become disabled and can’t work anymore, then any income you collect from your disability insurance will be taxed. This will leave you with considerably less than your current take-home pay and won’t be able to work anywhere else because of your any-occupation definition.

  3. Employer policies are non-transferable. If you decide to move on from your current employer, you won’t be able to take your employer’s disability insurance policy you’ve paid into for 3 years. This would be different if you had individual disability insurance, which you will have regardless of the number of employers you have over the years.

  4. Your employer can cancel or change your policy at any time. When you get a disability insurance policy through your employer, they will have complete control over the policy. This means if your employer wants to modify or cancel your policy around when you get badly injured from a hill climb, you may not be able to collect any of the disability insurance benefits you’ve spent years paying for.



Let Pattern Help

At Pattern, we’re dedicated to providing you with the expertise and resources needed to fully understand and obtain comprehensive physician disability insurance. For details on how Pattern can help you find the best policy for you, read our Beginner’s Guide to Physician Disability Insurance.