# Ameritas Disability Insurance Review: Coverage for Residents and Physicians

Key takeaways:

• Ameritas is one of the leading disability insurance companies that specifically offers comprehensive coverage for medical and dental professionals.
• Medical and dental professionals, including residents and physicians, often have high incomes but are vulnerable to long-term income loss due to injuries and illnesses.
• It is crucial for medical and dental professionals to have disability insurance that protects their income in the event of a disability.

When it comes to managing their finances, medical and dental professionals face unique challenges. While they often have high incomes, they are also exposed to the risk of long-term income loss due to disabilities caused by injuries or illnesses.

Ameritas is one of the “Big 5” disability insurance companies that specializes in providing comprehensive own-occupation disability insurance for medical and dental professionals. Own-occupation disability insurance ensures that if a professional is unable to perform the duties of their specific occupation, they will still receive benefits even if they are able to work in a different capacity or occupation.

One of the key advantages of Ameritas disability insurance is the flexibility it offers. The company allows professionals to customize their coverage based on their individual needs, making it possible to create a policy that provides the desired level of protection.

For residents and physicians, Ameritas offers particular benefits. Residents can benefit from the “future increase option,” which allows them to increase their coverage as they progress in their careers without undergoing additional medical underwriting. Physicians, on the other hand, can take advantage of the “own-specialty” definition, which ensures they are protected even if they are able to work in another medical specialty.

It’s important for medical and dental professionals to carefully consider their disability insurance options and choose a policy that offers the appropriate level of coverage. In the event of a disability, having comprehensive income protection can provide peace of mind and financial security.

Hot take for physical therapists:

While this particular article focuses on disability insurance for medical and dental professionals, the importance of having comprehensive coverage extends to other healthcare professionals, such as physical therapists. Physical therapists also face the risk of disabilities that could limit their ability to work and earn income. Therefore, it is essential for physical therapists to explore disability insurance options that offer own-occupation coverage tailored to their specific profession.

Reference Article https://www.studentloanplanner.com/ameritas-disability-insurance-reviews/