Everyone knows the principle behind a backup generator. When the electricity goes down, the generator powers on. In the event of an outage, your equipment stays up and running. Nothing skips a beat. Business goes on uninterrupted.

Don’t Let a Disability Disrupt Your Practice

As an independent physician and business owner, you have big responsibilities. You are first and foremost responsible for the care of your patients. Then there is the time, energy, and significant expense involved in running your office.

You have spent years investing in your education, working long hours in a high-stress environment, managing your funds wisely. In time you have been able to enjoy the benefits of all your hard work, including a luxury home and elegant automobile. Sadly, many physicians have not obtained proper coverage for their finer vehicles and homes, and have left themselves open to substantial financial loss.

Many residents and medical students are looking for a new home to rent in the months of June and July – and they’re not alone. The summer months are busy ones for apartment hunting in Texas. If you are a physician or medical student looking for a rental to call home, TMA Insurance Trust wants to remind you to be sure to add renters insurance to your checklist.

As an independent or partner in a practice, you’ve invested time, energy and money in building and maintaining a successful practice. In the event that you become seriously ill or injured and cannot work, you would need to cover your share of the business expenses to avoid a financial setback.

Resolute, industrious, tenacious: physicians who operate a solo or small independent practice can well be described in this way. As the health insurance landscape becomes increasingly uncertain, and regulatory demands and the complexity of administrative tasks increases, small and solo practices face many challenges. Still, these practice owners see tremendous value in maintaining their autonomy and nurturing patient connections. At TMA Insurance Trust, we believe that they deserve special respect and support, and offer it in the form of tailored, comprehensive coverage.

As a specialist, you possess the ability to earn a sizable income after years of education and training. Yet if an unexpected illness or injury prevented you from practicing your specialty, you would need a disability benefit commensurate with your expenses to avoid depleting your savings and investments, and putting your family’s future at risk.

Whether you are heading off for a refreshing vacation getaway, a cross-country trip for the holidays, or an important medical conference, you’ll hear those familiar words as you depart, “Have a safe trip!” We always intend to have a safe journey, but getting injured or becoming seriously ill while traveling can happen to any of us.

Many tools are made to serve only one purpose. For example, you know that a blade is designed to cut. But there are many types of specialized knives, and for the most part, they aren’t meant to do double duty. You wouldn’t use a surgeon’s scalpel to slice vegetables for dinner.

In a similar vein, there are two different types of disability insurance that serve different purposes; for comprehensive protection, you should consider having both.