Why Should An Internist Choose Guardian's Policy*?
Doctors have made Guardian a market leader for more than 20 years now. Guardian jumped to the top of the disability insurance industry in the late 1990s because they were one of the last remaining companies to offer a true own-occupation disability insurance policy to physicians. Today over half of their business is sold to members of the medical community, quite frankly the Provider Choice policy being sold today was designed with physicians in mind.
The Best Own-Occupation Definition a Doctor Can Get
There are many features and optional riders in a personal disability insurance policy, but the most important feature is the definition of total disability. This definition determines whether or not you collect your total monthly benefit when you are sick or injured. Many "Own-Occ" policies have similar language, but Guardian* adds the following provision specifically for physicians into the policy. They will consider you totally disabled if more than 50% of your income is from hands-on patient care and, solely because of injury or illness, you can no longer perform hands-on patient care.
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 disability began to assess whether you qualify. If you are eligible for total disability benefits under either scenario you can then choose to be;
- Gainfully employed in another occupation full time full-time
- Not gainfully employed
The bottom line is Guardian's* Provider Choice policy has the best definition of total disability an internist can own. Not only does it have the true own-occupation base definition, but it also adds more ways to qualify than our competitors with language designed specifically for physicians.
The Preferred Occupation Discount
We mentioned above that Guardian* has a lot of experience with selling disability insurance policies to doctors of internal medicine. The good news is they want your business, and now offer a 10% discount to encourage you to purchase a Provider Choice policy. If you request a proposal from the calculator below, this discount is built into the rate already.