Protecting What Matters Most

border

Special Insurance Savings For Women

Take Aways - Insurance for WomenMost people know that insurance is there to help protect what’s important in our personal and professional lives. But as a woman physician what you might not know is that the pricing for certain kinds of insurance can be different for women than it is for men.

That’s because in many cases, premiums for insurance products are based on the gender of the person seeking coverage. And often, women bear higher costs because they represent greater risk to insurance companies.

Women Physicians Should Know About These Plans

At TMA Insurance Trust we think it’s imperative that women physicians get vital coverage at a cost they can afford. So we want you to know about insurance options where pricing for women is equal to – or even lower than – what it is for men.

Did You Know...Women Physicians Can Save on Two Top Disability Plans?

Disability insurance is essential because it helps replace income if you are too ill or injured to work. However, women typically pay 40% to 50% more for individual disability insurance * – compared to what a man would pay. Here are two plans offered through TMA Insurance Trust where women may save considerably on disability coverage:

  • The TMA Member Long Term Disability Plan offers the same member rates for men as for women (unisex rates). That could save a woman physician 40% to 50% on premiums – compared to an individual plan. We also offer members 25% savings on the member rate* as a way of saying “Thank You” to TMA members. This plan is issued by The Prudential Insurance Company of America, a nationally known insurance company.
Show Me My Disability Plan

  • Another option is a plan from Guardian, a leader in own-occupation disability insurance. It offers unisex rates for women practice owners when at least three policies are secured – one for a practice owner and two other employees. The net effect is that the owner can get an individual policy with savings up to 40% – which can result in a lower cost for all three policies than what she would pay if she purchased an individual policy without covering two others on her staff.
Show Me My Disability Plan

Did You Know...Women Physicians Can Save on Business Overhead Expense (BOE) Insurance?

Business Overhead Expense insurance is like disability insurance – except it provides income for your practice when you are too sick or injured to treat patients.

Practice owners need to consider what would happen to their practice, patients, and staff if they could not work. How would salaries be covered, patients be retained, and ongoing bills get paid? How would the practice remain viable while the owner recovers?

TMA Insurance Trust has designed our member plan to offer the same affordable member rates to men and women:

  • The TMA Member Business Overhead Expense Insurance Plan can help cover the costs of running a practice by providing up to $50,000 a month if you are unable to work due to illness or injury. And it features lower unisex premium rates when compared to competing plans. It is issued by The Prudential Insurance Company of America.
Show Me My BOE Plan

Did You Know...Women Physicians Can Pay Less For Life Insurance Than Men?

Yes, life insurance can cost less for women. That’s because women have longer life expectancies compared to men.

Life insurance is important because it provides funds to help your family carry on when you are no longer there – without risking your household finances, family home, investments, or savings. We work with leading term life insurance carriers to help physicians get coverage for virtually any amount they require. We also offer an exclusive member plan with affordable rates and a simple application process.

  • TMA members can apply online and get an instant decision for quotes up to $500,000 and quotes up to $2,000,000 by answering a few health questions. (This online option is only for members.)
Show Me My Savings

Don’t pay more than you need to for vital insurance coverage. To find plans that offer women physicians the same or lower rates than men, click the link below. Or call us directly at 800-880-8181 Monday through Friday 7:30 to 5:30 CST.

New Call-to-action

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.

Recommended Posts

Term Life in No Time: Get an Instant Decision on $500,000 of Term Life Insurance

Don’t Make This Expensive Mistake With Life Insurance

Women Physicians: Help Secure Your Family’s Future with Life Insurance

Life Insurance Made Simple, Coverage That Makes Sense

Life Moves Fast, Is Your Life Insurance Keeping Up?

Life Moves Fast, Is Your Life Insurance Plan Keeping Up?

Updating Your Life Insurance Isn’t Just Easy – It’s Necessary

Practice Owners: Save 25-40% Permanently on a Guardian Disability Plan

Save Up To 30% Permanently On Own-Occ Disability Insurance

More Affordable Disability Insurance For Women Physicians

Should You Wait 90 Days For Your Disability Benefit?

Avoid This Costly Mistake When Protecting Your Income

You May Already Have Disability Insurance From Your Employer – Here’s Why You May Need More

Disability Insurance–An Income Protection Strategy for Independent Physicians

Don’t Let Illness Or Injury Sabotage Your Practice

You’re Seriously Ill. You Can’t Work. What’s Your Plan For Your Practice?

The Four Advantages of Buying Insurance From TMA Insurance Trust

Helping Physicians Manage Their Time Wisely

How to Help Your Practice Prepare for the Unexpected

Save On Two Types Of Income Protection – Personal And Practice

Sensible Coverage for Texas Practice Owners

Last Chance to Control Costs and Get Better Group Coverage for 2023

Controlling Health Insurance Costs – Open Enrollment Special Options for Practice Owners

Independent Physicians: Get Group Health Insurance – Even With No Employees.

TMA Members: Get Up to $1 Million of Catastrophic Injury Coverage with Guaranteed Acceptance

Term Life in No Time: Get an Instant Decision on $500,000 of Term Life Insurance

Don’t Overpay For Home and Auto Coverage

Medicare Is Complicated – Getting Help Is Easy

Eligible Without Employees–Group PPO Health Insurance for Independent Physicians

Last Chance to Control Costs and Get Better Group Coverage for 2023

There’s Still Time to Control Costs and Get Better Health Insurance For 2023

Cost Control Countdown: Only Two Weeks Left To Take Advantage of Special Options for Better Health Insurance

Practice Owners and Independents - Get the Group Coverage You Want, Even Without Employees

Practice Owners, Independents: Control Costs, Get Better Health Insurance For 2023

Medicare Is Complicated – Getting Help Is Easy

Eligible Without Employees–Group PPO Health Insurance for Independent Physicians

Practice Owners and Independents - Get the Group Coverage You Want, Even Without Employees

Practice Owners, Independents: Control Costs, Get Better Health Insurance For 2023

TMA Members: Get Up to $1 Million of Catastrophic Injury Coverage with Guaranteed Acceptance

Term Life in No Time: Get an Instant Decision on $500,000 of Term Life Insurance

Eligible Without Employees–Group PPO Health Insurance for Independent Physicians

Get Group PPO Health Insurance–Without Employees

Don’t Make This Expensive Mistake With Life Insurance

Speak with a TMA Insurance Trust Advisor:

*Disability Insurance For Female Physicians: The Agony of Defeat, Wall Street Physicians, November 2018
 
**Effective 8/1/2019, TMA Insurance Trust is able to provide LTD participants with a premium credit of 25% that will be applied to their billing invoices, effectively decreasing the amount of their premium payments by 25%. This complimentary premium credit is provided at the sole discretion of the TMA Insurance Trust, is not guaranteed for future years, and will be subject to periodic review and evaluation.
 
TMA Member Long Term Disability, Member Business Overhead Expense, and Member Term Life coverages are issued by The Prudential Insurance Company of America, Newark, NJ. The Booklet-certificate contains all details, including any policy exclusions, limitations and restrictions, which may apply. CA COA #1179, NAIC #68241. Contract Series: 83500
 
1062540-00001-00

Newsletter signup to receive our monthly newsletter

border