Have you been putting off getting a disability policy?
Your life as a veterinarian is busy and can be overwhelming. It's easy to forget important tasks like locking in your policy to protect your hard work.
The truth is getting sick or hurt is one of the few things that can keep you from reaping the rewards of your hard work. It’s a gamble you can’t afford to lose.
I make this process very easy and take this off of your plate, so you don't have to worry.
The truth is getting sick or hurt is one of the few things that can keep you from reaping the rewards of your hard work. It’s a gamble you can’t afford to lose.
I make this process very easy and take this off of your plate, so you don't have to worry.
Knock out your custom policy in as little as 30 minutes.
Start your policy assessment
Fill out a quick 2 minute assessment to determine the policy features you want. I will send you a customized overview based on your answers.
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Schedule a Call
Once you receive your custom assessment, schedule a 20 minute call with me to discuss your options. Take more time if you need it.
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Fill out your application
Complete a simple form in 5 minutes and request an offer from an insurance company for a new policy.
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Review and accept your offer
Wrap up your policy and focus on your veterinary career with financial confidence.
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You don't have to be the expert, that's my job.
I know you have a ton going on and plenty to juggle. No need for your insurance policy to be another annoying item on your "to do" list.
I cut through the confusion and conflicting info and get your policy in place in less time. As an independent financial professional, I put your interests first. |
AVMA Life representative for Colorado State's DVM program
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"I needed help understanding some of the differences in short and long term plans so I could decide what would work for me as an individual. Erik helped me talk through my current situation and my plans and hopes for the next few years.
I got a lot of really helpful advice about options that might work for me.
I was able to enroll in a disability plan that suited my life goals, and that fit my budget."
- Rowan Seabolt
Small Animal Rotating Veterinary Intern
Colorado State University Graduate
I got a lot of really helpful advice about options that might work for me.
I was able to enroll in a disability plan that suited my life goals, and that fit my budget."
- Rowan Seabolt
Small Animal Rotating Veterinary Intern
Colorado State University Graduate
Can you explain the difference between short-term and
long-term disability insurance?
long-term disability insurance?
Short-term disability insurance pays a benefit for a limited period, typically 1-6 months and usually start paying benefit after a short elimination period of just a few days. Long-term disability insurance, on the other hand, pay benefits for an extended period, 10 years or until retirement age, and typically starts paying a benefit after a longer elimination period of 3-6 months.
how much disability insurance does a veterinarian need?
As a veterinarian, you should aim to have enough coverage to handle your personal expenses, long-term savings, and debt payments. This typically amounts to around 70% of your income. However, most insurance companies will only offer a benefit of 60%, so it's best to get as much coverage as you qualify for.
More FAQ's
If I file a claim, will you act as my advocate?
I walk through the claim with every client and make sure that we are applying for the largest possible benefit.
WHAT EXACTLY IS DISABILITY INSURANCE?
Disability insurance is a policy that provides financial support if you're unable to work due to sickness or injury.
Don’t all disability policies pay the same way?
No, disability policies have different definitions of disability and payout structures. It's crucial to understand the specifics of each policy to ensure it aligns with your needs and expectations.
What if I can still work but my income is reduced due to a sickness or injury?
Different policies handle this situation in various ways. Some policies pay a partial benefit if your income decreases by a certain percentage, while others only pay a partial benefit after a total disability. Some policies won't pay anything if you're still able to work in any capacity.
How long will the benefits last if I'm sick or injured?
The duration of the benefits depends on the "benefit period" specified in your policy. Most benefit periods end around retirement age (65 or 67), but they can range from 2 years to a lifetime. Policies with shorter benefit periods typically have lower premiums.
Are there any exclusions or limitations to disability insurance policies?
Some policies may limit benefits for mental health-related disabilities, while most policies don't limit benefits for maternity. All policies have some limitations regarding criminal activities or self-inflicted injuries.
When is the best time for a veterinarian to purchase a disability policy?
As a veterinarian, there's no better time than now to get a disability policy. The sooner you're protected, the more secure your financial future will be.
7 Costly Mistakes to Avoid When Purchasing Disability Insurance
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Why is a customized approach to disability insurance essential?
Navigating life as a veterinarian can be both fulfilling and demanding, with numerous crucial decisions to make, including finding the appropriate disability policy. Veterinarians typically accumulate over $167,000 in student loans before starting their practice*. It's vital to protect your investment, but the process can appear intimidating.
Read more...
The challenge lies in finding an insurance professional who truly understands the unique requirements of disability insurance for veterinarians. Some agents may only offer policies from a single company. If a policy doesn't deliver the expected benefits, it's a waste of money. Similarly, if you pay extra for an unnecessary feature, it's also a waste of resources. Given that 1 in 4 people become disabled before retirement**, it's crucial to secure not just any policy, but the right one for your situation.
As an independent AVMA Life representative for the Colorado State University DVM program, I appreciate the significance of clear, personalized advice that eliminates confusion and helps you choose the optimal policy for your distinct circumstances. I specialize in supporting veterinarians at all career stages across the country. Over the past 14 years, I've partnered with hundreds of veterinarians to develop a highly specialized approach to DVM insurance.
My goal is to streamline the process of finding the ideal disability policy and guide you through each step, ensuring you never feel overwhelmed. Together, we will secure the policy that best safeguards your financial future.
*https://www.avma.org/membership/SAVMA/financing-your-veterinary-medical-education#refs
**Social Security Administration, Disability and Death Probability Tables for Insured Workers Born in 1997, Table A.
As an independent AVMA Life representative for the Colorado State University DVM program, I appreciate the significance of clear, personalized advice that eliminates confusion and helps you choose the optimal policy for your distinct circumstances. I specialize in supporting veterinarians at all career stages across the country. Over the past 14 years, I've partnered with hundreds of veterinarians to develop a highly specialized approach to DVM insurance.
My goal is to streamline the process of finding the ideal disability policy and guide you through each step, ensuring you never feel overwhelmed. Together, we will secure the policy that best safeguards your financial future.
*https://www.avma.org/membership/SAVMA/financing-your-veterinary-medical-education#refs
**Social Security Administration, Disability and Death Probability Tables for Insured Workers Born in 1997, Table A.
Disability Insurance
for Veterinarians No-stress, customized disability policies to fit your unique needs.
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