Recommendation for Company for Disability for Physician

im still waiting on that info. interestingly i was given different occ class by two different agents for the guardian policy. one had me as 4m which is cheaper and the other as 3.
 
im still waiting on that info. interestingly i was given different occ class by two different agents for the guardian policy. one had me as 4m which is cheaper and the other as 3.

The only one that matters is the one you get from the underwriter. Always be leary of the guy who shows you the best rating or underwriting class. Not everyone qualifies for the best rating, and your occupation may simply be a higher risk.
 
VolAgent is right about the underwriting, all that matters is what you can get.

Regarding residual - Guardian is stronger than the Mass contract in that as stated, Mass will pay you the same % of your benefit as your income loss, BUT Guardian will pay you the ACTUAL loss of income the first 12 months, no %...

What state are you in?
 
Rex, this thread is 23 days old. You now know 98% of everything you'll ever know concerning your options.

BTW, didn't you post in another thread that you already have 15k in monthly DI benefits?

Are really an MD or do you lust play one on TV (and the internet)? :skeptical:
 
I am but as u know from the last thread, I don't get along with the agent. I just don't want to add that element to this discussion.
 
Is there any broker who offers contract with Guardian? Or does someone need to go direct with Guardian (through their GA)?

DI Broker and DI Service, both offer Principal and The Standard, but not Guardian. How Principal and Standard compare with Guardian for Specialist Physicians, regarding own-occu and disability definition?
 
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Do not forget about Standard as well. I do not know what state you are in as they have released a new product with true own occupation for EVERYONE for the entire benefit. That product has some higher rates of course. If you can still get the Protector Plus, it is an option to consider.

I trust the wording of Berkshire's speciality specific definition and I trust the wording of Standard's, but can you use it???

Seriously if you have an anesthesiologist no longer able to perform proceedures, he could become an AMA certified Pain Management specialist. That is the only realistic example I can think of where a less physcial job could be considered close enough to be the same thing by several carriers, but where speciality specific could really help. If you have a surgeon who can no longer practice and he becomes a medical consultant, REGULAR true own occupation for the entire benefit would more than suffice. At that point, look at the company and the price to make your choice.
 
I'm in NC. Standard has not yet released their new contract in NC. I'm hoping they release it here soon.
 
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