Afferent recommends that all medical professionals take into account "the 3 C’s" when choosing a disability plan. These will help you determine the correct company and correct plan when purchasing.
Defined by top ratings agencies based on financial strength. The company’s financial wellbeing could speak to their ability to payout your plan should you have to file a claim.
“definition” unique for medical professionals (i.e., own-occupation disability insurance plan). As a medical professional, just being able to physically show up for work doesn’t mean you can’t be disabled. Anything affecting your dexterity could cost you your livelihood.
The overall value of the plan. Weighing the annual cost of the plan with the benefit it provides. A slightly cheaper premium for far inferior coverage could be something you regret should you become disabled. To get the best pricing, the earlier you purchase, the lower the cost of the plan throughout your career.
A group disability plan alone isn’t enough protection for medical professionals—maximize your protection!
limitations of group long-term disability coverage (GLTD) create a need to reduce the ‘gap’ between a medical professional’s income and the disability benefit available to them.
Unfortunately, many medical professionals may lack awareness that there even is a need for additional protection.
With 60% of physicians reporting that they know another medical professional who has suffered a disability, getting the right coverage is key.
Investment Advisory Services are offered through Afferent Investments, LLC., an SEC registered investment advisor. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. SEC registration is not an endorsement of the firm by the Commission and does not mean that the advisor has attained specific level of skill or ability.
Afferent Provider Solutions and associated companies are not a law firm or an accounting firm, and the employees are not acting as your attorney or tax accounting advisor. Services provided by Afferent Provider Solutions and associated companies cannot take the place of an attorney or CPA’s advice. Use of services provided by Afferent Provider Solutions and associated companies are not indicative of an attorney-client or tax accounting advisor relationship with Afferent Provider Solutions or any of its employees. Legal and tax services are provided directly by qualified healthcare attorneys and tax accountants through partnerships.