When you get married, there’s an array of things that change for you and your spouse. You now address each other as husband and wife, you come home a little earlier from work to see your companion, and you spend time making plans for the future together. Additionally, maybe you have moved into your spouse’s apartment or home, or perhaps you are considering buying a new home together. No matter what your future plans look like, marriage will undoubtedly impact your finances. Below we have broken down five financial changes that newlyweds should be prepared for.

Not only does the month of May host many important holidays including Mother’s Day and Memorial Day, but it is also Disability Insurance Awareness Month. Even though disability isn’t a pleasant topic, it’s unfortunately a very real issue — one that everyone should be aware of. The truth is, a disability can happen to anyone. According to the World Health Organization (WHO), over 1 billion people, which makes up 15% of the world’s population, have some form of disability.

Like most, you probably think your chances of becoming disabled from an illness or injury is small. However, if you consider that 1 in 4 people will become disabled during their working career, the chances of you or someone you know becoming disabled may be more likely than you expect. 

Since May is Disability Insurance Awareness Month, we have created this compelling infographic to help you understand the true facts about disability. Learn the top leading causes of a disability, how much a disability can cost you, and your options for coverage. 

Disability insurance is important for physicians and medical residents because it safeguards future earnings should a disability occur. And while the odds of becoming disabled may seem low, there were actually over 2.5 million disabled workers in their 20s, 30s, and 40s receiving SSDI benefits in 2014 according to the Social Security Administration. 

There is so much to know when it comes to disability insurance, you will likely have questions. We asked our insurance advisors which questions they frequently receive about applying for disability insurance.They provided answers to those questions below.

According to Council for Disability Awareness, 1 in 8 workers will be disabled for five years or more during their working careers. That’s why the Council for Disability Awareness designated the month of May as Disability Insurance Awareness Month — a full 31 days dedicated to educating individuals on the effects of disabilities.

When you own a successful medical practice there are many people that have helped you grow it. Your amazing team, the ones your practice couldn’t survive without, have had a hand it your success.

According to the National Association of Insurance Commissioners, small businesses are extremely dependent on just a few key people for their success, and 71% say that they are “very dependent” on only one or two key people.

That’s why you should consider purchasing key person life and key person disability insurance for your practice.

As you know, a disability can happen to anyone. According to the Council for Disability Awareness, 1 in 4 of today’s 20-year olds will become disabled before they retire. In addition, statistics show that 1 in 8 workers will be disabled for five years or more during their working careers. With statistics like these, it’s pretty hard to turn your back on disability insurance.

The truth is, having a disability will inhibit you from living your life the way you want to and from earning a living. As a physician, you have a high standard of living  and you want it to stay that way, which is why you’ve decided to buy disability insurance.