Why is Guardian's Provider Choice1 One of the Best Choices for Dermatologists?
You are a specialist and have spent many years and a bunch of money to obtain your medical specialty. Guardian1 has one of the most comprehensive disability insurance for dermatologists in the industry today - no other company currently offers you better protection, especially with your specialty. Guardian has been offering physicians true own-occupation disability protection for several decades, and in that time, they've become a market leader. Today over half of their business is sold to physicians across the country, and the Provider Choice policy was built specifically with physicians in mind.
What is so Special for Physicians?
The very core of any disability insurance policy is the definition of total disability, that definition dictates when you collect your total monthly benefit, and when you do not. Guardian's True Own-Occupation definition of total disability provides you the ability to receive your full benefits, even if you are gainfully employed in another occupation, with no reduction in benefits. So if you are able to pursue another occupation while totally disabled in your occupation, Guardian does not prevent you from doing so.
It is also important to have language in your policy that protects you down to your medical specialty level. The ProVider Choice policy states that they will look at your key duties, including those you were performing in your medical specialty at the time your disability began, to assess whether you qualify.
It Gets Even Better!
Some of the strongest, most flexible protection a dermatologist can get - this is not available anywhere else in the industry!
In addition to the True Own-Occupation definition of total disability, Guardian adds the following language to make sure you get the benefits you need. They will consider you totally disabled if more than 50% of your income is from;
- Hands-on patient care and, solely because of sickness or injury, you can no longer perform hands-on patient care; or
- Performing surgical procedures and, solely because of injury or illness, you can no longer perform surgical procedures.
If you don't qualify for benefits under the source-of-earnings formula above, then they will look at your key duties, including those you were performing in your medical specialty at the time your disability began, to assess whether you qualify.