CRNA's have very specific medical duties, and high incomes that need to be protected with specialty disability insurance. The best way to accomplish this is through the use of an own occupation individual disability insurance policy. Like physician's with medical specialties, CRNA's need to have a policy that will pay them if they are unable to do the specific duties of their profession, even if they are able to do something else. This own occupation definition of disability provides the most secure form of income protection, as it allows a CRNA to earn an income in another profession, and still receive full disability benefits; thus, getting them much closer to the income they enjoyed as a CRNA prior to disability.
Individual disability insurance policies can provide a much more comprehensive level or protection, and do so with premiums that will not increase over time. A properly structured disability insurance policy for a CRNA will have an own occupation definition of disability; a partial disability benefit that doesn't require the insured to be totally disabled first; and provide for a premium structure that doesn't increase over time as one ages. Although some association plans offer protection in a CRNA's own occupation, they don't fulfill the other two requirements. Under an association plan, partial disabilities are only payable after a period of total disability, which is not helpful for an illness that slowly disables; and they have pricing increases every few year. While an association plan may seem cheaper in the early years, it often times becomes more expensive over time, and frequently, one may find better coverage at the same or lower pricing with an individual policy.
If you'd like to get a quote for an specialized policy that protects you as a CRNA, and doesn't increase in price over time, simply fill out the quote request form on this page, and we will e-mail you a quote based on your specific situation. You may also call Bill Olmsted at 301-917-2308 to receive a quote via phone, or e-mail him at firstname.lastname@example.org if you have a special circumstance you'd like to discuss.
Call (888) 513-2300 or Click Here to Get Your Free Instant Disability Insurance Quote Now!Instant Quote