Let’s do a quick review of disability insurance! In this episode of Financial Clarity for Doctors, hosts Rachelle Vanderzanden and Corey Janoff dive into the details of long-term disability insurance. This coverage is very important for anyone who is still reliant on their income.

Discussion topics include:

When and why you need this insurance.
Different kinds of disability insurance.
Details of long-term disability including a breakdown of many common riders.
A comparison of employer/group coverage vs. individual coverage.
How to apply for coverage.
When you may need to increase your coverage and when it’s okay to cancel it.

No one likes paying for insurance, but insurance allows you to share some larger financial risks with a third party. Disability insurance is a great example of that. Most of us feel invincible until we’re not.

For more financial planning tips from Corey and Rachelle, you can reach out to them at podcast@thefinitygroup.com. They would love to hear your questions and ideas for upcoming episodes.

Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Finity Group, LLC and Cambridge are not affiliated. Cambridge does not offer tax or legal advice.