What are the most common types of disabilities?

Healthy, young, non-smoking physicians typically think they can get away without having disability insurance. It makes sense — insurance can seem foolish when you’re healthy. 

But what happens if you get sick? Healthy, young, physicians have a 25% chance of becoming disabled for 3 months or longer — and a 40% chance that a disability lasts 5 years or longer. 

Even a 3-month break in income while your expenses add up can be financially devastating. But a 5-year gap can create financial doom. 

In this episode, I’m sharing the most common types of disabilities and the only way to protect yourself from financial ruin should you become disabled.  

Highlights from this episode include:

• Why healthy, young, non-smoking physicians need disability insurance more than any other type of physician (0:51)
• The surprisingly simple way to prevent financial ruin if you have a disability that lasts 5 years or longer (1:14)
• How a disability can bankrupt you (even if you can still perform some parts of your job) (3:02)
• How even the shortest disability can create financial chaos (4:43) 

  To ask questions on insurance coverage or to get a quote, please don’t hesitate to call us anytime at 704-270-2376, and I’d be glad to discuss your specific situation with you.

If you enjoyed and valued this content, you might also want to check out Episode 58 - Billy's initial conversation with a Non-Surgeon Trainee. This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts.

And/or Episode 60 - What if I do lots of Procedures & lots of Clinic. This episode is available on this site’s podcast channel (Click HERE) or on Spotify or Apple Podcasts.