White Coat Investor Podcast

WCI #259: Doctors Who Become Disabled

Apr 21, 2022
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Buy Disability Insurance Early

  • Buy disability insurance early in training because your specialized skills can be lost quickly from illness or injury.
  • Treat disability insurance as a priority financial chore and get help from vetted agents if unsure.
ANECDOTE

Cancer Diagnosis During Pregnancy

  • Dr. Kelli Sekulovitch described being diagnosed with triple-negative breast cancer while eight weeks pregnant and taking a year off work for treatment.
  • She returned to work gradually and used her disability policy with a 90-day elimination period during that time.
ADVICE

Increase Coverage At Attending

  • Increase your resident-purchased policy when you become an attending to match higher income.
  • Use future purchase options or buy additional coverage rather than relying solely on captive or group policies.
Get the Snipd Podcast app to discover more snips from this episode
Get the app