Specialized Plans for Physician Long Term Disability Insurance

Program Highlights: 

The physician LTD program is a custom designated program, which is coordinated with individual plans, that can typically bring the total cost down 20% or more from a traditional IDI (Individual Disability Insurance) and other fully underwritten individual products alone. This program offers guaranteed issue (no medical requirements) and while providing "Specialty Occupation Coverage" that covers multiple contingencies:

Plan Highlights:

  • Up to $25,000 per month of additional long-term disability (without offsetting any individual LTD coverage).

  • Pension Rider - ability to protect your profit-sharing contribution up to $51,000 per year (physicians/non-physicians). 

  • Medical Malpractice Rider- pays the premium for traditional malpractice, risk retention or captive up to $75,000 if partially disabled.

  • Business Overhead (Key Person) Rider - helps defray the overhead cost of a firm while a covered professional or key employee experiences a period of disability (up to $15,000 per month for 24 months, indemnity payment). These funds can be used to bring in another professional, offset office expenses or apply toward a by-out of disabled physician.

Best Suited For:

  • High Income Medical Professionals: physicians, dentists, multi-specialty practice, ACO, MSO, Super Groups and hospitals. 

  • Best Contact: Managing Partner, Owner, CFO, or Director of Practice Operations.

The insurance products mentioned may be issued by various companies and may not be available in all states. Underwriting is required. All comments about such products are subject to the terms and conditions of the insurance contract issued by the carrier. MTD makes no representation regarding the suitability of this concept or the product(s) for an individual nor is MTD providing tax or legal advice.


© 2017 by M.T.D. Associates LLC