As a podiatrist, you help your patients deal with painful, potentially debilitating conditions. You also earn a good income that likely falls between $70,000 and $210,000 per year. Of course, you need that income to pay for things like your mortgage, your car payments, and possibly to support the operation of your practice if you have a private office. There’s bad news – if you find yourself out of work, all of those things could be in danger. Podiatrist disability insurance can help erase that chance, though.
Do You Really Need Disability Insurance?
It’s tempting to think that you don’t need disability insurance. After all, you’re fit and healthy now, and you have health insurance, auto insurance, and even insurance in your office. The thing is, there’s a 21% chance that you’ll experience a disability that lasts at least three weeks before you turn 65 without any modification from health, genetic predisposition or other factors. If you’re around the age of 40, you have a 21% risk of disability flat out.
Other factors only increase that risk, meaning that if you’re not investing in podiatrist disability insurance, you could be putting your financial future and that of your family in jeopardy.
What Is Disability Insurance?
Podiatrist disability insurance is designed to provide you with an ongoing stream of income if you find yourself out of work for weeks or months at a time. It’s based on a percentage of your average monthly income, and provides you with money that can be used for any sort of financial obligation, from paying your children’s tuition payments, to paying medical office rent and everything in between.
The real issue here is finding the right insurance policy for your needs. We can help, though. We’ve helped countless medical professionals find the ideal disability insurance coverage for their financial needs, practice size and more. Call us today at 1-877-221-6198 or use the form on this page.