Summary Of Tennessee 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.

The state of Tennessee is a country music lover’s dream. Nashville, the capital and heartland for this musical genre with its long-running Grand Ole Opry Showcase Diner popularized by figures such as Johnny Cash (who was born there) or Patsy Cline makes it one stop on your journey through American Traditional Music culture - whether you're looking to enjoy some traditional tunes at home after hearing an outdoor concert near downtown Memphis' Graceland mansion; pick up some tips from blues legend Muddy Waters while playing gigs around town before heading out into blackout territory far southwest


There are currently 10,524 active physicians in Tennessee working in several different specialties.


How to Get Income Security

If you've been injured or become ill, it's important to protect your financial future. Physician disability insurance can provide a safety net in case of an emergency that prevents work; this type offers monthly payments based on health status (or length-of time) typically up until age 65.


Disability insurance can be a complicated topic, but it's important to know the different options available. The two most notable features are term length and definition - when shopping for disability coverage make sure that both aspects match up with what will work best in terms of timing as well as severity level if need arise before expiration or lapse (that means no renewals). For term lengths, there are 2 main forms of physician disability insurance: short-term and long-term. Short term disability insurance coverage begins 5–10 days after your disability, provides 3–6 months of coverage, replaces 60–80 percent of your monthly income, and covers non-life-threatening disabilities like back injuries, arthritis, and maternity leave.


Long-term disability insurance coverage begins 3–6 months, replaces 60% of your salary, covers you until you’re 65 years old, and covers a variety of catastrophic disabilities including:


  • Cancer

  • Mental health disorders

  • Vehicle accidents

  • Bone breaks

  • Musculoskeletal disorders


The second most important aspect of physician disability insurance is your disability definition. In order to qualify for disability insurance benefits, you have to meet the definition of disability that is outlined in your policy. The best and most comprehensive definition we recommend all physicians to get is true own-occupation, which we explain in Chapter 2 of our Guide to The most comprehensive form of disability insurance is the true own- occupation definition because it pays you your full untaxed benefit amount if unable to perform duties in a certain job.


For example, say you’re a doctor in the oncology department of a clinic. If you become disabled and have true own-occupation disability insurance, you will be able to collect your full benefits, and still be able to work as a professor of oncology or any other job unrelated to your specialty.