Apr 22 2015
Whether you are a brand-new dentist or have a practice that has been established for many years, you have probably received numerous solicitations for the purchase of disability income protection insurance through a variety of carriers including the American Dental Association. Part of what my CE training on Practice Management focuses on making sure that you have the critical skills needed to analyze the value of your disability income protection by some criteria other than it is “convenient and low-cost”.
When it comes to disability income protection, the company you choose can make all the difference and here’s why: You may hold your policy for decades and you will want to know that the company you choose will be there for you should you need to claim benefits.
There are four key areas to consider:
- Financial strength
- History of meeting long-term financial obligations
- In business for policy owners not stockholders
- Cannot cancel coverage
- Cannot increase premium
- Coverage for disability in your own occupation
- Broad protection during a partial disability
- Ability to increase coverage
- Flexible payment options
- Discount potential
My card says MassMutual, but I represent over 50 carriers to meet your specific needs. This is the link to my website as an Insurance Professional. Please contact me today at 323-965-6331 to schedule a complimentary consultation regarding your overhead insurance and disability protection needs.
May is Disability Awareness Month: Did you know by the time today’s college grads reach retirement, 1 out of 4 of them will have become disabled from sickness or by suffering a serious accident? Learn more with this infographic: The Disability Disconnect