A physician's life is constantly changing. Every day brings new challenges and responsibilities that can significantly impact your health and financial well-being. Protecting the security of yourself and your family's future is, without a doubt, your priority. If a sudden health issue should disrupt your ability to work, ask how this would affect your current lifestyle.
With the New Year upon us, one common resolution is to save money, which is particularly important for physicians managing many insurance policies. An effective way to turn this resolution into reality is by exploring potential savings and discounts on auto and home insurance. TMA Insurance Trust has made reviewing, simplifying, and comparing your policies easy.
In the medical profession, your ability to care for your patients is closely tied to your health and well-being. If an illness or injury disrupted your ability to work, could you cover your living expenses and additional medical bills? Most young physicians, especially residents, face substantial education loan repayments, monthly rent or mortgage bills, auto expenses, and potentially, the responsibilities of starting or caring for a young family. If you were unable to practice and earn an income, even for a short period of time, these financial demands could quickly deplete your savings and leave you financially vulnerable.
Industry expansion in the 19th century was so swift that the concept and execution of safety regulations couldn’t keep up. The vast number of severe injuries and deaths that resulted led to the development of accidental death and dismemberment (AD&D) insurance.
You’ve invested years of rigorous study and tireless dedication to become proficient in your field. With your professional life on an upward trajectory, it’s essential to ensure that you are helping to protect the income you’re working so hard for.
The TMA Member Short Term Disability Insurance plan is an affordable financial tool that residents and young physicians can use to help protect their incomes if a serious illness or injury keeps them from practicing.
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.
