Just because you are a medical professional does not mean that you are immune to disabilities.  But what is a disability for a physician or dentist?  Simply put, it is any health condition that prevents you from doing your job and earning a paycheck. This may seem elementary but there is a major distinction for your profession. A simple hand injury or needle stick can prevent from doing your job.  Furthermore according to the Council for Disability Awareness, the top five long term disability claim categories are:

1. musculoskeletal/connective tissue,
2. nervous system related,
3. cardiovascular/circulatory,
4. cancer and neoplasms,
5. mental disorders

The CDA goes on to state that the average claim period is between 31 and 35 months although many last a lifetime.   Given this information, why is it that so many of you forgo this protection until it is too late and the cost is too high.   Can really you afford not to be covered?

Stacia Musleh

http://blog.disabilitycanhappen.org/author/council-for-disability-awareness/

Important Announcement

Change is coming.  As of December 1^st 2015, Principal Financial will change the rate class for disability coverage on all Emergency Medicine and Anesthesiology Physicians.  This class change is essentially a down grade to each specialty.  The result will be higher costs for coverage (20-25%) to those who apply after Dec. 1, 2015.

You can benefit by acting quickly and locking in the current low rates.  This way even future additions to your coverage is also available at the current low cost.

To take advantage of the current rates by contacting us.  We are here to help.

Thank you to all of those men and women who have served this great land in order that we might enjoy freedom. Today we Salute you.

Congratulations, to all graduating medical students.  The road was a long one but you have accomplished so much along the way.  As you enter into your residency new and exciting experiences await.  You will be challenged  but it will be an exciting and fulfilling step towards a rewarding career in your chosen medical specialty.

As you enter your specialty training or even your transitional year there are a few things you must keep in mind. 1) The best financial plan for you right now is to live frugally. I know that it’s not hard to do on a resident’s salary, but its imperative that you start good spending habits now. 2) Start interviewing as soon as possible. It never hurts to get a head start, and who knows you may even lock up a stipend for the rest of your residency. 3) If you go on vacation make sure its to a place you think you might like to practice. While you are there get acquainted with the area and job opportunities available. 4) Finally, If you have not already thought about it, now is a good time to consider disability income protection. You have already sacrificed a lot to get where you are today and its important to protect your future income.   By doing so now while you are young and healthy there are significant benefits including savings that you will experience throughout your career.  I hope this information is helpful and gets you thinking about the direction you are headed in.  Congratulations again

Stacia Musleh

V.P.  Income Protection Specialist

The month of May is Disability Insurance Awareness Month, who knew?  Well now you do.  As with other types of awareness projects this one is specifically geared to the subject of disability coverage and the importance of having this crucial financial protection.  As stated by the council for disability awareness, “The typical American worker dramatically underestimates, or even ignores the risk of income loss that can be caused by illness or injury.”  Having the proper guidance from a qualified trusted professional is critical in making certain you are protected in the event of a disability.

The council for Disability Awareness has a web-site that you can connect with to find all kinds of information the link is http://disabilitycanhappen.org.  You might take a moment to look through it.  They have valuable information that can answer questions and provide statistics about why you really do need to add this type of protection to your insurance portfolio.

Stacia Musleh

V.P. Income Protection Specialist.com