medical resident disability insurance
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AMA Disability Insurance – 5 Things You Should Know*
Chances are you have received mailings from DisabilityPro. DisabilityPro is a marketing name for the AMA sponsored group disability insurance policy underwritten by New York Life Insurance Company. The initial rates are attractive, but do you know the terms of coverage? Contact us today to learn more about your disability plan options, including a personalized quote comparison....
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Is a Cost of Living (COLA) Rider Effective?
We originally posted this blog on The Whitecoat Investor, but have provided it here as well: The last two years has seen inflation climb to levels not seen this century . The Consumer Price Index (CPI) was 8.6 in 2022, over four times the average, and the CPI was 4.7 for 2021, over twice the...
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The Importance of Resident/Fellow Pre-Approved Disability Insurance
By Andy G. Borgia, CLU and D.K. Unger This year, thousands of residents and fellows are completing training and, as in the past, will be seeking to protect their medical careers in the event of disability. Covid has eliminated most in-person meetings, so residents/fellows are using the internet more than ever to obtain protection. Disability...
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Medical Resident Disability Insurance – Learn How to Maximize Protection
A common question we receive regarding medical resident disability insurance relates to increasing the disability benefit at some point in the future. Medical resident disability insurance is capped at $5,000/month. This amount is inadequate for residents/fellows who are about to at least triple their salary as attending physicians. That is why we include a FIO/FPO (Future...