The Importance Of Purchasing Disability Insurance
Purchasing Disability insurance is an important and responsible thing for any professional to do. Depending on your occupation and interest, there are many ways that a person can obtain Disability insurance: through a group plan at work, individually or even through a professional association. Although many associations offer individual policies, many times they do not offer as quality of a product as is available on the individual market. For Veterinarians who are interested in obtaining Disability insurance, you should be sure to review all options carefully as each can differ greatly.
Although Disability insurance is important for any professional to have, medical professionals are some of the biggest proponents of having it - possibly …show more content…
When selecting the AVMA option, Veterinarians are provided the option of selecting a Modified Own Occupation definition of disability or paying an additional premium for a definition that closely resembles the True Own Occupation definition of disability. In either situation, Veterinarians that become disabled and unable to do their work will have limited options. With individual Disability insurance purchased separately however, Veterinarians have the option of purchasing a True Own Occupation definition of disability, which truly protects a Veterinarian's medical …show more content…
Considering that you are likely to pay into this policy for the better part of your working years, shouldn't it be something that is worth your while and money? As a Veterinarian, you should be concerned with protecting your medical specialty and your ability to earn an income. Review your options carefully and, although it may be difficult, put pricing aside while researching your options. Disability insurance is not a type of coverage that should be based on pricing alone. Prior to making any decisions, you should try to remain unbiased throughout reviewing the contractual differences within your options. To learn more and request information on the options available for Veterinarians, visit Veterinarian Disability
Although Disability insurance is important for any professional to have, medical professionals are some of the biggest proponents of having it - possibly …show more content…
When selecting the AVMA option, Veterinarians are provided the option of selecting a Modified Own Occupation definition of disability or paying an additional premium for a definition that closely resembles the True Own Occupation definition of disability. In either situation, Veterinarians that become disabled and unable to do their work will have limited options. With individual Disability insurance purchased separately however, Veterinarians have the option of purchasing a True Own Occupation definition of disability, which truly protects a Veterinarian's medical …show more content…
Considering that you are likely to pay into this policy for the better part of your working years, shouldn't it be something that is worth your while and money? As a Veterinarian, you should be concerned with protecting your medical specialty and your ability to earn an income. Review your options carefully and, although it may be difficult, put pricing aside while researching your options. Disability insurance is not a type of coverage that should be based on pricing alone. Prior to making any decisions, you should try to remain unbiased throughout reviewing the contractual differences within your options. To learn more and request information on the options available for Veterinarians, visit Veterinarian Disability