If you are the primary breadwinner for your family, the chances of becoming disabled are too great a risk to be ignored. More than most, physicians especially are aware of the damaging effect disability can have on their medical profession and their income. According to a report from the Centers for Disease Control and Prevention (CDC), the most common type of disability is mobility disability, which alone affects at least 1 in 7 American adults. Some of the consequences of a mobility impairment include loss of income, economic hardship, and a barrier to skill development.
General practitioners are skillful medical caregivers that provide up-to-date and continuing medical care to patients in the community. They are invaluable to the overall welfare of their patients and, as a result, are well compensated for their hard work. As such, they should include disability insurance into their financial plan. Not only is it prudent, but you enjoy the peace that comes from within knowing that your income is covered even when a disability strikes.
