As a physician, your ability to work in your specialty is the foundation of your financial security. But what happens if an injury or illness prevents you from practicing? Disability income insurance provides a financial safety net, so you can continue to cover essential expenses even if you’re unable to work.
At Actuate Insurance, we focus on helping physicians prepare for the unexpected. With tailored coverage options, we make it simple to protect your income and ensure financial stability, so you can focus on recovery without financial stress.
We provide individual and group disability coverage for physicians, health care professionals, practices and businesses of various sizes. Whether you have a small practice with two employees or a larger organization, we offer tailored health insurance options to meet your needs.
With a range of plans offered from leading providers, we ensure that you have access to the services that matter most.
Disability income insurance is designed to replace a portion of your income if an illness or injury prevents you from working. This type of income insurance offers peace of mind by ensuring you can cover ongoing expenses while focusing on recovery.
Key areas covered include:
- Monthly benefits to replace lost income.
- Coverage for both temporary and long-term disabilities.
- Protection against loss of income specific to your medical specialty (via own occupation coverage).
This coverage can supplement Social Security disability insurance, which often falls short of providing sufficient benefits. With the right policy, you’ll have the financial support you need, without solely relying on Social Security Administration benefits.
We partner with leading insurance companies to offer tailored disability income insurance solutions for physicians. Our policies are designed to protect your income with features that address the unique challenges of your profession.
Own occupation coverage
Own occupation coverage ensures you’ll receive disability benefits if you can no longer perform the specific duties of your medical specialty, even if you’re able to work in another capacity. This feature safeguards your ability to maintain financial stability, no matter what changes arise.
Non-cancellable policies
Non-cancellable policies guarantee your coverage cannot be canceled, and your premiums won’t increase, as long as you pay your premiums. This stability ensures you’re protected even if your health changes over time.
Customizable benefit periods and amounts
Tailor your benefit amount and benefit periods to your specific financial needs. Whether you need short-term support or long-term protection, we’ll help you create a policy that fits your career and lifestyle.
The cost of disability income insurance depends on several factors, including:
- Your age, health, and income level.
- The benefit amount and duration of coverage you select.
- Optional features, such as own occupation and non-cancellable riders.
We’re committed to putting your needs first and helping you manage costs proactively.
