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Financial Residency

Grand Rounds - What to know about disability insurance with Dr. Stephanie Pearson

May 20, 2024
Dr. Stephanie Pearson, a former OB-GYN turned disability insurance broker, educates physicians on the importance of disability insurance. She discusses the challenges in understanding policy language, emphasizes the need for tailored coverage, and explores the differences between insurance agents and brokers. The podcast delves into the complexities of disability insurance policies, including gender-based pricing and the impact of income levels on coverage eligibility. It also highlights the implications of various medications on insurance policies.
43:45

Podcast summary created with Snipd AI

Quick takeaways

  • Physicians must understand 'own occupation' and 'total disability' policy terms for adequate coverage.
  • Group disability policies may require supplementation with private policies for comprehensive protection.

Deep dives

Disability Insurance Importance and Expertise

Understanding the significance of disability insurance for transitioning physicians, Dr. Stephanie Pearson, an ex-OB-GYN, shares her journey from injury to becoming a disability insurance expert. Her personal experience emphasizes the crucial need for physicians to protect themselves financially.

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highlights

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