How should physicians prepare for a disability?Mar 09, 2022
As a physician, preparation for a disability is a must. So, how do you prepare for a disability? Will group coverage be enough to get you and your family through a disability? How much should a physician save for an emergency fund? Listen to learn what you should do if you still owe money on student loans and become disabled and what kind of policy you should choose. An emergency can upend a physician's life, be better prepared now and have peace of mind if an emergency strikes.
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IN THIS EPISODE
- [00:56] Why physicians should have disability insurance.
- [03:03] How to pay for disability insurance?
- [05:04] Different ways to buy disability insurance.
- [08:12] Is a group policy enough insurance for a physician?
- [10:38] What is Own Occupation Policy?
- [13:24] How much should a physician’s emergency fund be?
- [20:10] What does it cost for a physician to get through a month?
- [22:00] If a physician wants to be prepared for a disability, this needs to happen.
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