Nothing! There is absolutely no charge for speaking with us.
We use personalized information to create the most accurate illustrations (quotes) possible for your consultation. Our medical team understands what the carriers are looking for during underwriting that could affect the cost of your policy. We do not like surprises and we do not want you to be surprised!
It gives us a unique opportunity to advocate more effectively given our understanding of the medical landscape.
Brokers work on behalf of the client and will look at all insurance carriers to find a policy that is the best fit for them. Agents are incentivized to sell a particular carrier.
Absolutely! Unfortunately, serious accidents and disabling illnesses can occur at any age. Should one of these unfortunate circumstances happen to you, it would likely save your loved ones a great deal of stress if a monetary safety net were in place. The good news is the younger you are when you purchase insurance the less your policy will cost.
The general rule of thumb is to aim for 60-70 percent of your current gross salary for a long-term disability benefit, but it largely depends on your family circumstances, financial situation, and lifestyle. You want to ensure that you’ll get enough to cover your family’s long-term needs and expenses.
There are numerous ways to estimate the amount of life insurance you need. Insurance companies often recommend insuring six to ten times the amount of your annual salary. Another way is to calculate your long-term obligations and subtract your assets, with the remaining gap representing the amount the insurance should cover. Naturally, the equation depends on your financial responsibilities.
If you don’t have a spouse or dependents to support, you might opt for a small policy that simply covers your funeral and end-of-life expenses. If you have a spouse or dependents, you’ll want to ensure that their needs are cared for as long as necessary.
It depends on the precise language of your policy. Some policies offer a “residual work benefit” that allows you to return to work part-time, if you earn below a certain amount, a benefit will be triggered.. However, if you return to work and your plan doesn’t offer that benefit, then the insurance carrier will likely reduce your payouts.
Every carrier defines disability differently: some policies won’t cover certain pre-existing conditions. Mental health and substance abuse conditions may have limited coverage with certain carriers. Many exclude disabilities arising from war or acts of war, riots, suicide attempts, a normal-risk pregnancy, or self-inflicted acts intended to cause a disability.
When you recover from your disability and are able to resume work full-time, your insurance carrier will terminate your benefit payments and you will resume premium costs. Some policies will offer language to allow for the continuation of some benefits if you can get back to work part-time.
We can work with anyone! We started out working with physicians, based on our founder Dr. Pearson’s previous career, and expanded our speciality to encompass all healthcare professionals. We can, however, work with any industry; there are different things to consider depending on your specific profession, which is what we can help you navigate.