Disability insurance is gradually becoming more and more popular due to its many financial benefits. Professionals in various fields of medicine such as oncologists should consider buying disability insurance coverage to protect their ability to work and generate income.
Oncologists have one of the most valued professions in the field of medicine within the U.S. Their job specialty deals with preventing, diagnosing, and treating cancer patients, which makes it a complex medical profession that requires a high level of manual precision. For this, an oncologist must pass through medical school as well as extensive training before being able to practice. According to study.com, it could take up to 15 years of institutional commitment to become an oncologist.
Disability insurance provides an income to you as the insurance holder either on a short-term or long-term basis after sustaining an injury or illness that resulted in a disability that renders you unable to continue working.