Protecting What Matters Most

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.

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.

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.

Protecting the ones you love is instinctive. It is so inherent, planning for potential situations that could harm your family is synonymous with common sense. Keeping a first aid kit in your home or car, having fire drills with your kids, learning CPR – nearly everyone protects their family every day in some way.

Life insurance can help protect all the days your family has ahead of them if you are suddenly unable to.

Most physicians earn a comfortable income, which enables them to provide for their families and have a good quality of life. As time passes, your hard work and dedication allow you to curate a life that stabilizes and nurtures your family. Familiar routines and cherished traditions become foundational.

Preparing for life’s unexpected moments doesn't have to be a daunting task. As a physician, you appreciate how important it is to take care of your health. However, even the healthiest person can fall victim to an unexpected life-altering illness that may not be fully covered by your medical insurance. Since paying for critical illness care often goes well beyond traditionally covered costs, such an unforeseen serious illness would jeopardize your financial security. Therefore, TMA Insurance Trust is making a special effort to inform you about the TMA Member Critical Illness Insurance Plan, issued by The Prudential Insurance Company of America. TMA members under the age of 65 are guaranteed acceptance for $20,000 of TMA Member Critical Illness Insurance.

Serious, critical - two words that no one wants to hear associated with illness. Being the one to care for the needs of patients daily can contribute to physicians having a blindspot when it comes to their own health. Taking a step back and considering what you would do if you were the patient is necessary because no physician is immune to a sudden, serious illness.

TMA Insurance Trust was created by physicians for physicians. We know firsthand that this is something physicians can lose sight of. The physical and emotional toll a critical illness can take on you and your family can be devastating. If you’re not prepared ahead of time, the financial impact could be devastating too.