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New Attending, Principal benefit update w/ Group LTD

Home Insurance New Attending, Principal benefit update w/ Group LTD

  • Avatar mxg67 
    Participant
    Status: Physician
    Posts: 82
    Joined: 11/25/2016

    Started a new attending job and want to increase the benefits on my Principal DI policy.  Right now my benefits are ~$60k from training.  New job salary is $400k, employer offers LTD at 60% of salary up to $180k/yr.  How much benefits could I likely expect from Principal when I apply for an update?

    #245418 Reply
    Scott at MD Financial Services Scott at MD Financial Services 
    Participant
    Status: Website Sponsor, Insurance Agent, Small Business Owner
    Posts: 444
    Joined: 01/14/2016

    Total benefit we can usually get for a situation like yours for our clients is about $12k +/- with that amount of group coverage.

    S. Scott Nelson-Archer, CLU, ChFC with M. D. Financial Services, Inc.
    Direct Phone 713-966-3932, Email [email protected]

    #245767 Reply

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