Disability Insurance
Disability Insurance
Protect Your Most Valuable Asset, Your Ability to Earn an Income
What Is Disability Insurance?
Disability insurance provides income replacement if you are unable to work due to illness or injury. Disabilities can stem from a wide range of causes, such as, cardiac conditions, musculoskeletal injuries, neurological disorders, or even mental health challenges.
Temporary or permanent
but either can have a devastating financial impact, especially for those whose careers depend on their ability to work. Your income is your most important asset, and protecting it is essential.
Why You Need Disability Insurance
Disability doesn’t discriminate
You are just as vulnerable to illness or injury as anyone else.
You are likely the primary income earner
You responsible for mortgage payments, tuition, childcare, and other family expenses.
Your career represents decades of future income
Your ability to earn an income is more valuable than any single asset you own.
Without proper insurance
A serious illness or injury could drastically affect your lifestyle and long-term financial plans.
What Should Be Included in a Your Disability Policy?
We recommend a comprehensive individual plan that includes
Total, Partial & Residual Coverage
This ensures you are covered even if you can work part-time or your income is only partially impacted.
Cost-of-Living Adjustment (COLA)
Protects your benefit from inflation by indexing it annually to the Consumer Price Index.
Premium Discount
Based on your occupation you may be eligible for a 25% annual premium discount that remains permanently on your policy.
Own Occupation Definition
You’ll receive full benefits if you cannot perform the duties of your specific medical specialty—even if you can work in another role.
Future Income Option (FIO)
Increases your coverage as your income grows, without new medical underwriting.
HIV & Hepatitis B/C Rider
Specific protection for physicians exposed to high-risk patients
Long-Term Care Conversion
A contractual guarantee with your disability policy is the option to convert your disability plan into long-term care coverage, paying benefits of up to $4,800/month for care at home or in a facility—until age 100.
Common Questions
Is there a discount?
Yes—up to 25% annual premium discount is available for physicians or other professionals through our negotiated large-case arrangements.
How much coverage can I get?
Coverage is based on your current income. We can get up to $25,000 a month in coverage.
Can another advisor get me a better rate?
No. Rates are standardized, and our negotiated discounts with top insurers like RBC offer the largest available savings in the market.
Can I cancel in the future?
Yes. Your policy is flexible—you can cancel anytime without penalty.
Disability Insurance
Individual
Group
You own and control the policy
Ownership
Controlled by association
Guaranteed, with up to 25% discount
Premiums
Subject to change
You take it with you if you change jobs
Portability
You lose your coverage it if you leave the group
Pays additional benefit during recovery
Recovery Benefit
Usually not included
Reinstates benefits if recurrence within 12 months
Recurrent Disability
Often limited to 6 months
Included and policy is funded after 20 years
Long-Term Care Conversion
Not available
Final Thoughts
You’ve invested over a decade in your education and career. Why leave your financial protection in someone else’s hands?
Book A Free Call
Let’s customize a plan that fits your specialty, income, and goals.