Risk & insurance

Protect your ability to plan.

Your ability to practice supports much of your financial life. Coverage deserves the same attention as the assets it helps protect.

Review your coverage

The definition decides it.

Policies with the same benefit amount can protect you very differently. Start with how each defines disability.

	Own-occupation	Any-occupation	Employer group
Can pay if you can’t perform your specialty	✓	✗	Varies by plan
Stays with you if you change employers	✓	✓	Often not
You choose the amount and terms	✓	✓	✗
Benefit taxes	Usually tax-free	Usually tax-free	Often taxable

Individual benefits are usually tax-free when you pay the premiums with after-tax dollars. Policy wording controls; confirm tax treatment with your tax professional.

Coverage across your career.

Review it when your income, role or household changes.

Long-term disability

The core protection for your income. Review the definition of disability, the benefit period and any riders.

Short-term coverage

Helps bridge the waiting period before long-term benefits begin.

Term life insurance

Sized to your debts, dependents and household spending.

Reviews at each transition

A new role, a move or a change in clinical duties is a time to revisit coverage.

Common questions.

What’s the difference between own-occupation and any-occupation?

Any-occupation coverage generally pays only if you cannot work in any suitable job. Own-occupation coverage pays if you cannot perform the duties of your own occupation or specialty, depending on the policy wording. For procedural specialties, the difference can be significant.

When should I look at disability insurance?

Often during training or early in your career, before changes in health can affect underwriting. Premiums and availability depend on your age, health, specialty and the insurer.

Can I rely on my employer’s group coverage?

It can be a useful base. Review how it defines disability, whether it continues if you leave and how benefits are taxed before deciding whether to add individual coverage.

Who places the policy?

Clarify who provides the planning advice and who places or services any policy, along with licensing, compensation and fees. The advisory agreement and applicable insurance disclosures explain those roles.

Know where you stand.

Bring your policies and benefits information. Start with the coverage you already have.

Schedule a call