Anesthesiologist Disability Insurance
Anesthesiologists face the highest risk of disability among all medical specialties. This is the reason why disability insurance paid by anesthesiologists is quite higher than other medical specialties.
Below are four significant tips for anesthesiologists to consider when choosing disability insurance.
• Own Occupation Disability Insurance
It is vital to have own occupation coverage for qualifying for benefits if they work in another career while disabled from anesthesiology.
• Residual/Partial Benefit
A percentage of the monthly benefit is paid if one can still practice anesthesiology on a part-time basis.
• Non-Cancelable and Guaranteed Renewable
This restricts the insurance company from increasing rates or adjusting the policy in any way.
• Recovery Benefit
This ensures that benefits are continued beyond recovery once the anesthesiologist still loses income.