What are the most important things to consider when shopping for a physician’s disability policy?

The definitions of disability and the verbiage of a disability policy critical to examine. The way a policy is constructed in benefit periods, elimination periods, benefit amounts, guarantees, and optional riders should also be carefully noted. We examine insurance company strength through the use of third party ratings companies. But it is not weighted as high in our evaluation process as language and policy design.

Company ratings can drop long after a policy is secured Lower ratings do not mean claims will not be paid, but could result in an increasingly restricted claims paying philosophy with an insurance company.

All companies represented by Physicians Disability Insurance, LLC currently receive healthy financial ratings from the major ratings companies. Any drops in ratings following securement of policy are out of our control.