Disability Insurance is often said to be the most complicated form of insurance. Let us help explain key concepts and provide evaluation tools as you evaluate your options. When you’re ready for personalized quotes or want expert consultation, we will be glad to assist.
Income Protection Checklist
Policy Provisions |
Highlights |
Policies Purchased
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Does your policy offer these provisions? |
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Definition of Disability:
Own Occupation
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If you become disabled and are unable to work in your current specialty, but are employed elsewhere, you can still receive full disability benefits. | Yes | ? |
| Non-Cancelable Policy | As long as your premiums are paid, the carrier cannot cancel your coverage, change any provisions, nor increase your premium amount. | Yes | ? |
| Unisex Rates | Save up to 40% savings for female applicants by using gender neutral rates. | Yes | ? |
| Premium Discounts | BPG has negotiated premium discounts with multiple insurance carriers on behalf of Schools and Practices. | Yes | ? |
| Residual Disability Rider | If you are disabled but able to work part-time, you will receive benefits based on the proportion of your income loss. | Yes | ? |
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Duration of Benefits
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Full own-occupation benefits can be paid through age 67. | Yes | ? |
| Cost of Living Adjustments | Benefits will increase over time to grow with the rate of inflation. | Yes | ? |