In a compelling discussion, Matt Wiggins, founder of DocInsure and expert on disability insurance for doctors, shares vital insights on why medical professionals must secure disability coverage. Listeners hear poignant stories from doctors facing unforeseen health challenges and the emotional toll of navigating insurance claims. Wiggins highlights misconceptions around group policies, emphasizing the importance of individual coverage. This conversation underscores the critical role of financial stability in demanding careers and the necessity of being prepared for life's unpredictable turns.
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Orthopedic Surgeon's Disability Journey
An orthopedic surgeon developed Parkinson's disease a few years after training, impacting hand dexterity.
Later, he was diagnosed with throat cancer, requiring radiation and chemotherapy, forcing him onto disability.
volunteer_activism ADVICE
Seek Legal Counsel for Disability Claims
Consult a lawyer specializing in physician disability insurance.
This helps ensure proper documentation and preparation for potential disputes with insurance companies.
volunteer_activism ADVICE
Maintain Thorough Medical Records
Retain copies of all medical records, including procedures, visits, and therapy sessions.
Insurance companies require extensive documentation, and it is your responsibility to provide it.
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Today we are talking all about disability insurance. After Dr. Dahle's recent accident on the Tetons he is ever more passionate about the necessity for all docs to get disability insurance. We are bringing on two different docs who tell their stories of finding themselves in situations that required using their disability insurance. We then chat with friend of WCI and founder of Doc Insure, Matt Wiggins. He is an expert on DI and really helps to answer questions and a paint a picture of why doctors and other high income professionals need to get this insurance in place.
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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!
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