Insurance Learning Center
The 5 Disability Insurance Riders for Physicians
If you are a physician, it is likely you already know the importance of carrying your own long-term disability insurance policy to protect your income. But, ensuring you have a disability insurance policy isn’t enough, you need to make sure you have the right definitions and riders to truly protect your medical specialty. In this article, we are going to break down the 5 must-have riders physicians need to include on their long-term disability insurance policy.
What is True Own-Occupation?
The definition of disability on a policy is essential to understanding what types of claims would be covered if you were ever disabled and out of work. These definitions range from very narrow to broad in their coverage potential. The two most common definitions we are going to look at here are “true own-occupation” and “any occupation.”