As a hematologist, you earn a substantial income. In the US, the average annual salary for a hematologist falls between $75,000 and $380,000 depending on years of experience and work situation. That income is responsible for supporting your family’s quality of life, and may also be needed to ensure that your office is able to operate and grow. In all situations, losing a portion of that income due to a disability preventing you from working would create serious ramifications. Hematologist disability insurance can help ensure that this does not happen.
The Potential for Disabilities
It’s tempting to think that we will not have to worry about disabilities preventing us from working and earning a living, but the fact is that every single one of us is at risk. Diseases like diabetes and cancer, or even heart disease can play a role here. Even something as minor as an accident while doing yard work could leave you injured to the point that you cannot work for several weeks or even months. In all of these situations, hematologist disability insurance helps to ensure that you don’t lose your quality of life.
How Does Disability Insurance Work?
So, how does hematologist disability insurance prevent your quality of life from suffering? It’s actually pretty simple, but each policy has different definitions. If you have a policy and experience a disability, once you’ve been out of work for the minimum amount of time, you will begin receiving payments from the insurance company. These are based on your average monthly income, and are for you to use to meet your financial obligations, whether that is paying your home’s mortgage, or paying your office staffs’ salaries.
The real challenge with this type of insurance is finding the right insurer. We can help you chart your course here. We have in-depth experience helping medical professionals in your situation compare insurance companies and insurance plans, and then choose the best possible course of action. Ready to learn more? Call us at 1-877-221-6198 or use the form on this page.