Arthritis can limit your ability to do your job - don't let it limit your financial future too.
As a medical professional, your career is built on the ability to carry out the duties of your specialties, but what if unforeseen circumstances – like arthritis – threaten your capacity to practice medicine?
According to the National Health Interview Survey (NHIS), approximately one in four of adults in the U.S. aged 45 to 64 years reported doctor-diagnosed arthritis. Additionally, 5% of adults 18 to 44 years old reported having arthritis. This means a significant number of individuals face potential career interruptions due to health issues before reaching retirement age.
As a medical professional, your career trajectory is tied to your ability to perform your specialized tasks. True own-occupation disability insurance is a vital financial safety net in the event that an arthritis diagnosis inhibits your capacity to work.
Employer vs. True Own-Occupation
Here’s where true own-occupation disability insurance sets itself apart from other types of disability insurance, such as an employer-provided plan:
Employer-sponsored plans are often “any occupation” policies that will only pay out benefits if you are unable to work in ANY job field due to injury or illness.
A true own-occupation disability insurance policy is the only type of plan that will pay out benefits if you are unable to perform the duties of your specialty, but can work a different job.
Don’t Leave Money On The Table
Imagine you are a surgeon and you are diagnosed with arthritis, taking away your ability to perform surgeries. As a result, you’ve taken up teaching at a local university, but at a significantly lower salary:
Under an any-occupation plan: You would NOT be paid disability benefits because you can still perform another job, resulting in massive amounts of lost income, snowballing debt, and the loss of a lifestyle you’ve become accustomed to.
Under a true own-occupation plan: You would receive the full benefit of your disability insurance policy in addition your new teaching income, ensuring that the income and the lifestyle you are accustomed to remains intact.
Get Protected
Medical professionals often invest heavily in their education and training. True own-occupation disability insurance preserves your financial stability by safeguarding your ability to meet ongoing financial commitments, such as student loans or mortgage payments.
Whether you're a surgeon, general practitioner, or specialist, a tailored policy addresses the unique challenges your medical field may present.
Don’t leave your financial career to chance, especially when one in four Americans are diagnosed with arthritis before reaching retirement age.
Take the next 5 minutes to complete a quote request, schedule a quick meeting with one of Pattern’s expert advisors, and get one step closer to getting the protection you need and the peace of mind you deserve.