1.When Do I Buy Disability Insurance The best time to buy disability insurance is when you don’t need disability insurance. In order to qualify for disability insurance, you must first apply for the benefit, so the earlier the better. We encourage that you start with a plan early during your residency when you are at your healthiest. Securing a plan during residency and adding a future purchase option protects your future insurability as your income increases regardless of your health. Even when our nation is not knee-deep in the middle of a pandemic the need for physicians to have True Own Specialty Disability Insurance is more important than ever. 2. What’s the Most Important Feature of a Disability Policy? The most important feature of your disability insurance policy is the definition of Total Disability. Total Disability defines when the insurance carrier considers you to be totally disabled and eligible for your full monthly disability benefit. Physicians are advise...
