22 min
Billy's initial conversation with a Female Trainee Cover Your Assets Podcast with Billy Gwaltney
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- Investing
Good disability coverage could be the difference between financial security for life, and being broke and bound to a wheelchair.
There are between 70 and 75 disability insurance companies to choose from in the USA. Most of them weasel their way out of paying you, with a team of lawyers (and ill-defined policies).
And if you’re a woman, it gets worse: most companies charge you higher premiums just because of your gender. And some of them offer “gender neutral rates”, which is often a way of tricking you into a bad policy.
In short, disability insurance is a minefield.
That’s why we’ve made it easy for you. In this episode, we’ve narrowed down your options to just 4 reputable companies who’ll support your lifestyle (even if you become unable to work).
Listen now and take care of your insurance worries for good.
Show highlights:
Why choosing an independent broker helps you get the best rates on your disability insurance (and avoid institutions who are just in it for the money) (1:57) How to simplify your disability insurance choices by narrowing the 70+ companies down to just 4 (2:26) How to lock in your trainee discount (without paying high premiums) (2:47) The “elimination period” hack that well-prepared medical practitioners use to lower their insurance premiums (3:35) How to claim a full disability payout (even if you are still able to work as a doctor) (4:18) The “double-dipping” loophole that allows you to profit up to $3,000 from minor injuries (even if you’re still able to work) (10:54) Why choosing the “COLA rider” option secures your lifestyle after disability (even as inflation continues to rise) (12:21) Why females pay more than males for the same disability coverage (and how to get that rate down) (13:23) How busy trainees can avoid time-wasting medical screenings with the “streamline” approach (15:53)
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Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message
Good disability coverage could be the difference between financial security for life, and being broke and bound to a wheelchair.
There are between 70 and 75 disability insurance companies to choose from in the USA. Most of them weasel their way out of paying you, with a team of lawyers (and ill-defined policies).
And if you’re a woman, it gets worse: most companies charge you higher premiums just because of your gender. And some of them offer “gender neutral rates”, which is often a way of tricking you into a bad policy.
In short, disability insurance is a minefield.
That’s why we’ve made it easy for you. In this episode, we’ve narrowed down your options to just 4 reputable companies who’ll support your lifestyle (even if you become unable to work).
Listen now and take care of your insurance worries for good.
Show highlights:
Why choosing an independent broker helps you get the best rates on your disability insurance (and avoid institutions who are just in it for the money) (1:57) How to simplify your disability insurance choices by narrowing the 70+ companies down to just 4 (2:26) How to lock in your trainee discount (without paying high premiums) (2:47) The “elimination period” hack that well-prepared medical practitioners use to lower their insurance premiums (3:35) How to claim a full disability payout (even if you are still able to work as a doctor) (4:18) The “double-dipping” loophole that allows you to profit up to $3,000 from minor injuries (even if you’re still able to work) (10:54) Why choosing the “COLA rider” option secures your lifestyle after disability (even as inflation continues to rise) (12:21) Why females pay more than males for the same disability coverage (and how to get that rate down) (13:23) How busy trainees can avoid time-wasting medical screenings with the “streamline” approach (15:53)
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Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message
22 min