The same holds true when it comes to your financial security. Don’t wait until a disability strikes to discover that your hard-earned income isn’t properly protected. Taking action and investing in the protection of your income can help lessen the chance of experiencing severe financial hardship.
Whether you are just starting your career or have been practicing for years, obtaining sufficient disability insurance is essential to protecting your income. Employed physicians and independents face crippling risks to their financial health if they don’t take the time to review their insurance needs and secure enough disability coverage.
Independent physicians are most at risk because:
Employed Physicians have hidden limits on their employer-provided coverage:
Awareness of these risks can mean the difference between financial security and significant loss to your savings and investments. Now that you know, it’s time to be proactive. Plan to ensure that your disability benefits will cover your current monthly expenses.
TMA Insurance Trust is a full-service insurance agency established by physicians to help protect all physicians in Texas. We work hard to find ways to make vital disability insurance more accessible so you can secure the coverage you need and prefer.
We work with the leading disability insurers and can help physicians secure significant discounts of up to 30% for the duration of the policy, and savings with a 25% statement credit, both of which can save physicians thousands of dollars over the life of their coverage. As an example of our support, members can apply for up to $4,000 of TMA Member Long Term Disability coverage, regardless of any other disability coverage they have, and with no income verification. This insurance is issued by The Prudential Insurance Company of America.
Our licensed advisors have decades of experience regarding the best way to help reduce the risk to a physician’s income. They do not work for sales-based commissions, their goal is to help you protect as much of your income as possible. Their recommendations will be based purely on your needs and which policy will best serve those. There’s no obligation or pressure to buy, and their advice and assistance are available at no cost to you.
Get your “ounce of prevention” by discussing the current state of your disability coverage with an advisor as soon as possible. Call 800-880-8181, Monday through Friday between 8:00 am and 5:00 pm, CST.
For over 60 years, TMA Insurance Trust advisors have been serving Texas physicians, their families and staff. TMA Insurance Trust prides itself on offering unbiased information and strategies to members, along with exclusive group rates on a range of the highest-rated plans in the industry.