The tax liability of disability benefits is determined by who is making the payments. If you are a professional and your firm pays the premium for the disability policy, the tax liability is much different than if you were paying the premium yourself. Learn more about the tax ramifications of paying disability premiums in this» Read Full Article

One of the most important aspects of a disability policy most often gets overlooked. It’s your retirement contributions. Sure you make them when you are working, receiving a full income. But what happens to the contributions if you were to become disabled? There is protection for this as I explain in this short video….. Wisconsin» Read Full Article

Professionals should review their disability insurance needs as their career changes. If you’ve enacted a disability policy early in your career, it is wise to re-visit the amount of your policy if your income level has changed. If you’re a doctor – it may have been early on in your practice. If you’re an attorney,» Read Full Article

When I started in the disability insurance industry in the 1980′s, there were more than 300 disability insurance carriers.  Today there are less than 35! This emphasizes the importance of the Quality of Carrier when choosing a disability insurance product. Additionally, the definition of “Own Occupation” within your policy will protect what you do specifically» Read Full Article

There are four key elements that are most often overlooked when it comes to putting together a disability insurance product for physicians and professionals. Mental and Nervous Disorders: what are the proper definitions the carrier should use Residual/Partial Benefits: If you were only restricted to work 1/2 days. you should get 1/2 day of benefits» Read Full Article

Group disability insurance is most often less expensive – but beware, the benefits are almost always less as well. If you rely solely on the group disability plan, you may be underinsured. As I explain in this quick video, there is significance to being able to receive both the policy’s benefits and also social security disability benefits.» Read Full Article

The term “Own Occupation” is extremely important for physicians who have a main bread-winning aspect of their profession. The example that I give in this short video is of an Orthopedic Surgeon. Not being able to perform surgery will significantly reduce income for this professional. Learn more in my short video… Physicians and professionals wanting more information about R&R» Read Full Article