Of particular concern for doctors is the “own occupation” clause (or the lack thereof) in doctor disability insurance products, which should protect them despite working in a different job (e.g. teaching) by their choice. In working with physician clients who need disability income insurance, you can partner with an established disability insurance expert—Source Brokerage, Inc. With Source Brokerage, Inc., as your disability income partner, you can provide competitive, reasonably priced disability income policies that will provide the benefits your physician clients demand.
Financial planners and insurance brokers can provide the education and disability income policies employees and small business owners need. Source Brokerage Inc. can help financial planners and insurance brokers design disability income plans for the small business owner and his employees. It can be a win-win for the employee and the business owner. The study also revealed that being granted disability benefits can make almost 60% of employees “feel more favorably” toward their boss or employer, which becomes a great selling point for small business disability insurance brokers as they make presentation to their small business owner clients.
The risk of contracting diseases or unexpected injuries is high for doctors as any other occuaption. Thismakes it imperative for doctors to get physician disability insurance. Disability income policies for physicians replace a portion of their income, and if the policy includes a catastrophic rider, it will also provide an additional monthly benefit in the event the insured cannot perform at least two activities of daily living.