Protect your income, Protect your career

Your ability to earn an income is directly tied to your ability to practice. If an illness or injury forced you to step away from work, even temporarily, what would happen to your finances?

This page was created for clients of MedPro Financials to help you understand how individual long-term disability insurance (LTD) works and whether it may be a good fit for your personal and professional needs.

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What is Long-Term Disability Insurance?

Long-term disability insurance replaces a portion of your income if you become too sick or injured to work. It helps you continue meeting everyday financial obligations, including:

  • Rent or mortgage payments
  • Student loans
  • Groceries and utilities
  • Childcare or family expenses
  • Retirement and savings goals

Unlike short-term disability (which typically lasts a few weeks), LTD is designed to protect you during extended recovery periods, which are more common than most people realize.

Why Should You Consider It?

Even among medical professionals, disability isn’t rare. In fact:

  • 1 in 4 working professionals will experience a disability before retirement
  • The average long-term disability claim lasts 2.5 to 3 years
  • Nearly 90% of disabilities are caused by illness, not injury

Your ability to earn a living is one of your most valuable assets. Protecting it is a smart, proactive part of any financial plan.

What About Group Coverage Through Work?

Many medical professionals have disability coverage through their employers, but it’s essential to understand what that coverage entails.

Group LTD (Through Employer)

Individual LTD (This Plan)
  • Often covers 40–60% of income, and is taxable
  • May not cover bonuses or incentive pay
  • Ends when you leave your job
  • May only pay if you can’t work any job
  • Tax-free benefit if paid with after-tax dollars
  • Can be structured to reflect your full compensation
  • Portable — stays with you throughout your career
  • True own-occupation — protects your ability to work as a PA

Individual coverage isn’t meant to replace group coverage; it’s designed to fill the gaps.

How This Coverage Works

This is individual long-term disability insurance,  meaning it’s a policy you own, not something tied to your job.

  • It stays with you even if you change employers or switch career paths.

  • It’s built around your actual income, including bonuses or production-based pay.

  • And it can be customized with features that matter to professionals early or mid-career, like:

    • The ability to increase coverage as your income grows
    • Partial disability benefits if you can only work part-time
    • Inflation protection (COLA)
    • Options to help cover student loans if you can’t work

This is real coverage designed to work when you need it most, not a one-size-fits-all plan. 

Depending on your employment, you may be eligible for a 10% discount on your Guardian policy, depending on your workplace.

Some hospitals and health systems already have arrangements in place.  

If you require additional information or would like to discuss your options in detail, feel free to call (And rest assured, we will never sell your personal info.)

Frank Randall

(585) 354-1243 | frank.randall@allianceadvisorygroup.com
California Insurance License #4128184

Registered Representative and Financial Advisor of Park Avenue Securities and Financial Representative of Guardian.