Making Disability Insurance Affordable

The Money Meets Medicine podcast explores strategies for physicians to make disability insurance more affordable, particularly during residency. The co-hosts address the critical importance of obtaining disability insurance early in a physician's career, ideally during residency, to lock in lower rates and discounts. They highlight the advantages of Guaranteed Standard Issue (GSI) policies, which offer coverage without medical underwriting, crucial for those with pre-existing conditions. The conversation emphasizes the unique benefits of Guardian's graded premium policies, which start with lower premiums and increase gradually with income. They also caution against waiting too long to secure coverage, as health issues can arise, and GSI availability can change.