Physicians invest years in rigorous education and training, committing themselves to the welfare of their patients. However, amidst their relentless pursuit of healing, one aspect often gets overshadowed: their own well-being. This is where short-term disability insurance emerges as a crucial financial safeguard. By investing in short-term disability insurance, physicians can empower themselves with a safety net that can help provide vital income protection during unexpected health challenges or when planning for the future.

Americans are living longer and healthier lives. That is due in part to our access to essential healthcare. As you age, finding the right Medicare supplement plan is a key component to acquiring the healthcare you need later in life. TMA Insurance Trust can help you decipher the complexities of Medicare so you can make informed decisions and avoid costly mistakes.

As young physicians embark on their medical careers, it is essential to prioritize their financial well-being and future security. Short term disability insurance is a crucial safety net that can help provide financial support during periods of medical leave when you are unable to earn your regular salary.

We are proud to introduce the TMA Member Short Term Disability Plan, issued by The Prudential Insurance Company of America, as an affordable, guaranteed way for residents and young physicians to access vital income insurance protection.

The word independent holds diverse interpretations for different individuals, making it a subjective and multifaceted concept. To many people, the definition of an independent physician used to mean a practice owner. Today, that definition is not so clear-cut. More physicians are desiring to practice as medical professionals without taking on the ongoing responsibilities of business ownership.

Spending money to save money may sound counterintuitive, but there are situations where it can be a wise financial decision in the long run. For instance, you likely perform regular maintenance on your vehicle. Oil changes, tire rotations, and other preventive services can help avoid expensive breakdowns. Investing in energy-saving appliances may cost you upfront, but the long-term benefit of lower utility bills is a trade-off many homeowners gladly accept.

The loss of a family member can have both emotional and financial implications. If your family lost you to a sudden tragedy, would they also lose financial stability? Without adequate planning, your surviving family members may face difficulty covering daily expenses, mortgage payments, or education costs.

Term life insurance is a valuable financial tool that can help shield your family from economic distress in the event of your passing. It has many other uses too. For example, life insurance can help you meet other financial needs. Use life insurance to protect those who co-signed your education loans. It can be used as collateral to secure a loan to open a practice. If you’re practicing with partners, it can help protect your business interests. Life insurance can even help defray estate taxes and ensure you leave your family the financial legacy you intend for them.

It is often strongly recommended by experienced physicians that newly practicing physicians obtain a disability insurance policy as soon as possible. Establishing this coverage early in one's career is essential for safeguarding their income.

As years pass and your salary and income grow, your disability insurance coverage needs to keep pace or you could face risks to your financial stability. The policy you started your career with may not sufficiently protect your current income.

“An ounce of prevention is worth a pound of cure.” Benjamin Franklin’s wise proverb is one you likely reiterate to your patients in some form. As a physician, you understand that taking preventive measures to protect against illness or disease is far better than spending time and resources addressing a medical issue after it has already occurred.