If you’ve ever looked into disability insurance coverage, you know that it can be confusing. There are so many terms and definitions that it can make your head spin. But if you focus on the essentials, it becomes easier to understand.
In this episode, Billy goes over the 4 key elements of a disability insurance policy that you must understand, and explains why they matter to you and your family.
Highlights from this episode include:
- The 4 key elements of disability insurance and why getting them wrong can end your life as you know it (1:01)
- The devious way insurance companies can prevent you from earning income outside of medicine (2:08)
- The benefit you must have in the event of a partial disability (3:06)
- This mysterious benefit is essential but almost completely unknown by most physicians (3:49)
- The almost magical trick to saving money on insurance, even as your income rises (5:50)