Specialty Coverage
You take care of others’ health for a living. Have you considered what would happen to your income if you were to be injured or have a critical illness? We provide coverage in your specialty even if you can not work in your specialty.
GUARANTEED
LONG TERM DISABILITY INCOME
FOR PROFESSIONALS
Own Occupation
Specialty Coverage
Partial/Residual Included
No Exclusion for Substance Abuse, Nervous & Mental
Normal Pregnancy Covered as Any Other Illness
DESCRIPTION OF BENEFITS AND PROVISIONS
- LEVEL PREMIUMS CAN NEVER INCREASE.
- SPECIALTY COVERAGE INCLUDED.
- UNLIMITED NERVOUS/MENTAL DISORDER & SUBSTANCE ABUSE INCLUDED.
- RESIDUAL AND PARTIAL BENEFITS INCLUDED.
- PRESUMPTIVE DISABILITY INCLUDED.
- UP TO $100,000/MONTH AVAILABLE IN PARTICIPATION WITH GROUP COVERAGE AND OTHER COMPANIES.
- TRANSPLANT SURGERY INCLUDED.
- VARIOUS WAITING PERIODS AVAILABLE: 30, 60, 90, 180 DAYS.
- EMPLOYER SPONSORED MULTI-LIFE 15% DISCOUNT (3±PARTICIPANTS).
- GUARANTEED STANDARD ISSUE (10± MULTI-LIFE).
- STEP RATES FOR RESIDENTS, FELLOWS AND PRACTITIONERS UNDER AGE 45.
Plan Coordinator
THE SIGNIFICANCE TO YOU
One of your primary assets as a physician or dentist is your earning capacity. A sickness or injury that interrupts your career could result in tremendous financial losses to you. The hospital or medical expenses that you would incur could be compounded by the loss of income that would result from your inability to work.
SPECIALTY DEFINITION OF TOTAL DISABILITY – BOTH SENSIBLE & PRACTICAL
This is a disability plan that will pay you a monthly total disability benefit if due to a sickness or injury, you are unable to
perform the material and substantial duties of your occupation. “Your Speciality Occupation” means the occupation in which you are engaged when the disability begins.
RESIDUAL DISABILITY BENEFITS
If you return to work after disability, and your earnings have dropped to 85% or less of your pre-disability earnings, you will be paid a residual disability benefit.
TRANSPLANT SURGERY BENEFIT
After the policy is in force for 6 months, if the insured is a transplant donor, our companies will consider this a sickness.
The elimination period is waived. Without this provision, a transplant would not be covered as it is neither a sickness nor an
accident.
PRESUMPTIVE DISABILITY BENEFIT
The insured will be considered Totally Disabled and the Elimination Period will be waived if the insured suffers the
complete loss of use of both hands, both feet, one hand and one foot, sight of both eyes, hearing or the ability to speak.
PREMIUM DISCOUNTS
Multi-life discount (1): 15% permanent discount for employer-sponsored groups of three or more lives. Multi-life discount (2): 25% permanent discount for employer-sponsored groups of twenty or more lives. Multi-life discount (3): 35% permanent discount for employer-sponsored groups of 100 or more lives. The above discounts use unisex rates and are applicable to both Employer Paid and Employee Paid (individually billed, for use only with the 15% discount) business.
TAX-FREE BENEFITS
If you personally pay the premium with after tax dollars, the benefits you receive under this plan may be tax-free. If your
corporation pays the premiums, the benefits are taxable; but you may be able to deduct your premiums as a business
expense. Consult your tax advisor or legal counsel.
ELIGIBILITY
Physicians and dentists in practice, under age 70, who are working full time (at least 30 hours per week) at their profession, and not in military service, are eligible.
WHAT ARE THE EXCLUSIONS?
Benefits are not payable for disability caused by or resulting from war or military service; self-inflicted injuries (if
intentional); commission of a felony; engagement of an illegal occupation; regular maternity leave; however, normal pregnancy is treated as any other sickness after 90 days of elimination period, or longer; a condition excluded by a rider
attached to your policy. No benefits are payable during the waiting period you select.
FREE QUOTATION & POLICY ANALYSIS
Doctors Professional Care Group LLC, the plan coordinator, will provide a free quotation and existing policy analysis. In order to receive your free quotation, you must complete the Sign Up information and become a member of the Doctors Professional Care Group. Once you sign up to become a member just tell us in the Message Box what your specialty is, and how much monthly coverage you are interested in and your age. Nurses and Colleagues are also eligible for coverage and their policies are eligible for the multi-life premium discounts. Regardless of your needs, Doctors Professional Care Group will design and customize a disability income plan to meet your specific requirements. Sign Up and get a quote today or an existing policy analysis. It’s FREE and you are Under no obligation.