The Set For Life Blog
Why Is Own Occupation Disability Insurance So Important for Physicians?
If you are a physician shopping around for individual disability insurance, chances are you have heard the phrase "own occupation" definition of disability. But what does that mean? By definition, own occupation says that it will pay you your monthly benefit if you...
Physicians Guide to Doctoring Podcast
Jamie Fleischner recently appeard on the Physicians Guide to Doctoring podcast: Listen HERE! Let us know what you think!
Understanding Disability Insurance for CRNAs: Key Questions Answered
Disability insurance stands as a critical safeguard for Certified Registered Nurse Anesthetists (CRNAs). As CRNAs navigate the complexities of securing their financial future against unforeseen health issues, several pivotal questions often emerge. Here's an...
Can Medical Students Buy Disability Insurance?
It's graduation season and a lot of graduating medical students are wondering if they can purchase an individual disability insurance. Medical students in their 3rd and 4th year can purchase an individual disabililty insurance policy. Here are some of the parameters...
What is the Mental Nervous Limitation on individual disability insurance policies?
A Mental Nervous Limitation on an individual disability policy means that if you have a claim related to a mental illness or a psychological illness, the benefits will not be paid. This is not to be confused with neurological conditions such as dementia or...
How Does The Benefit Update Rider Work for Individual Disability Insurance Policies?
What happens if you don't submit your benefit update application on your triennial anniversary? How do you increase your individual policy in the future? Many individual disability insurance policies now have no cost increase riders that require you to submit your...
What Is Collateral Assignment Life Insurance?
Collateral Assignment Life Insurance is a strategic financial planning tool that combines the protective assurance of a life insurance policy with the practicality of securing a loan. This arrangement allows policyholders to leverage their life insurance as collateral...
How To Compare Disability Insurance Quote Comparisons from Different Brokers
How do you properly compare disability insurance quote comparisons from multiple agents or brokers?
When Is The Best Time To Purchase Individual Long Term Care Insurance?
The best time to purchase an individual long-term care (LTC) policy often depends on several factors, including your age, health status, financial situation, and family history. Here's a general overview of considerations that can help determine the best time to buy...
We’re here to help
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!