Will the Real “Own-Occ” Please Stand Up?
Northwestern Mutual claims their "Medical Occupation" definition of disability is all that and a bag of Trix. But is it really? And what's with this new definition from Berkshire?
Northwestern Mutual claims their "Medical Occupation" definition of disability is all that and a bag of Trix. But is it really? And what's with this new definition from Berkshire?
Lawrence Keller, CLU, ChFC is an experienced insurance agent specializing in term life and disability insurance for physicians, dentists, and similar professionals. He is also a Platinum Sponsor of the 2016 WCI Scholarship. Here he discusses his business and industry.
Disability insurance is complex, but Larry Keller helps break it down and make it understandable. Recently, Principal has made their policies less attractive while Metlife, Berkshire, and Ameritas have made theirs more attractive.
I received the following question by email from a resident physician: Q. I'm a 29 year old resident. I've heard conflicting opinions regarding disability insurance. The mantra in most places seems to...
[Editor's Note: If doctors know anything about disability insurance, it is that they should buy "own occupation" disability insurance, and preferably make sure that their specialty is designated as th...
[Editor's Note: This month's column at Physician's Money Digest was co-written with Michael R. Relvas, CFP, who is a paid advertiser on the site and specializes in physician income protection planning...
[Editor's Note: This is a guest post from Lawrence B. Keller, CFP®, CLU®, ChFC®, RHU®, LUTCF. We have no financial relationship.] Since my last disability insurance update, Berkshire has increased t...
[Editor's Note: This post is rather lengthy for a Friday Q&A series, but I thought it was worthwhile as I've been hearing more and more from docs looking at NML for disability insurance.] Q. I'm...
[Editor's Note: This is a guest post by Thomas J. Segedin CFP®, a physician-focused financial advisor in New York City. He and I have been emailing back and forth over the last few months and this po...
[This is part 2 in a guest post series by Lawrence B. Keller, CFP®, CLU®, ChFC®, RHU®, LUTCF). If you missed part 1, go back and read it first. Larry and I have no financial relationship.] Protecto...
Ed. Note: This is a guest post by frequent contributor Lawrence B. Keller, CFP®, CLU®, ChFC®, RHU®, LUTCF, in which he gives an update on recent changes in the disability insurance marketplace. It i...
Editor's Note: This is part 2 of a two part guest post aimed at helping you to compare the various disability insurance companies and their policies. If you haven't yet read it, start with part 1. La...
Editor's Note: I get submissions several times a week for guest posts. I turn down almost all of them. I find the best guest posts tend to be those that I solicit from others. This post is a good...
Disability Insurance Part 6 - Other types of disability insurance This is part 6 in a series of posts on disability insurance. Here we'll cover some various types of disability including group disabi...
This is the 5th in a series on disability insurance. Previous installments can be found here. This will discuss how much disability insurance to buy, how to pay for a policy, and when to cancel the p...