CRNA Disability Insurance
Apr 24, 2023
Jamie Fleischner

Jamie Fleischner

24 Apr, 2023

As a CRNA (Certified Registered Nurse Anesthetist), you are aware of the risks associated with your job. Even a minor injury or illness could prevent you from performing your job duties, leaving you unable to earn an income. This is where disability insurance becomes essential. Disability insurance is designed to provide a monthly benefit in case you become too sick or injured to work.

As a CRNA, it is crucial to protect your income in case you can no longer work as a CRNA, even if you are able to work elsewhere. For example, if you develop arthritis and can no longer work as a CRNA, you need a policy that will provide benefits even if you are no longer working as a CRNA.

If you are affiliated with a hospital, Set for Life Insurance offers discounts on disability insurance. If you leave your employer, you can still retain the discounted rates even if you increase your policy in the future.

If you are an independent CRNA, you may need to purchase an individual disability policy. The advantage of carrying an individual policy is that it is portable and can go with you wherever your career takes you. Moreover, it is advisable to consider an individual policy that is non-cancelable and guaranteed renewable, which locks in your rate until age 65 and disallows the company from modifying or changing your premium.

For CRNA students, it may be beneficial to purchase a policy even before starting their first job, as this secures their future income in case of an adverse change in health. If you are a female CRNA affiliated with one of Set for Life’s discounted institutions, you can lock in your rates, which can save you up to 55%.

Disability insurance is vital for CRNAs as it provides financial protection in case they are unable to work due to illness or injury. It is advisable to explore individual disability insurance policies with specific policy provisions, which offer flexibility and portability. Contact Set for Life Insurance for more information and a personalized quote comparison.

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Getting the right disability insurance can be downright confusing. At Set For Life, we'll help you understand the options and work with you to select just the right product for you and your family. These articles will help you understand some of the complexities involved, but we're happy to walk you through it! If you're ready to get set, reach out for a quote today!