Disability Insurance is a highly competitive field which has its fare share of
unprofessional agents.
These individuals put their interest in front of yours, with commissions being their primary motive. These unethical sales people tend to make living:
- Selling less than adequate protection
- Misrepresenting the truth
- Blatantly making false or incorrect statements on the application.
As a consumer you need to be alert and do your homework. A Disability Insurance claim can amount to over $10 million; therefore this vital protection should be given the attention it deserves. However, if an agent were to blatantly make false or incorrect statements on the application the Insurance Company in all likelihood will deny you’re your claim forgoing their entire obligation to you.
How can they get away with this? Simply put, by signing the application you have sworn the validity of the entire document. In other words unscrupulous agents are off the hook and transfer all liabilities of their unethical practices to you. This leaves you and your family in economic uncertainty and the likelihood of bankruptcy.
Insurance is meant to provide you with the peace of mind not question marks? I suggest that anyone you has not yet purchased this vital protection engage a Specialist who has many years of experience helping physicians with their disability planning needs. If you have already been SOLD a policy in the past I suggest you immediately get a second opinion from an expert.
You have sacrificed so much to be able to call yourself a specialist. Why would you not engage a Specialist with something as important as your income protection?
