Cover Your Assets Podcast with Billy Gwaltney

Billy Gwaltney
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Don’t let accidents, illness, or injury destroy your hard work. You’ve spent years of your life and hundreds of thousands of dollars to become a physician. This is the career that will give you and your family everything you’ve dreamed of. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the C.Y.A. Podcast, Billy Gwaltney shows you exactly what you need to do to protect your income and your way of life—looking for even more how-to's? Make sure to check out his best-selling book on Amazon! (See website)

  1. 3d ago

    Discounted Specialty Disability Coverage Quote and Overview

    This episode is a practical walkthrough of the Discounted Specialty Disability Coverage for physicians in training. Billy Gwaltney explains how the quotes are structured, what features matter most, and how residents and fellows can compare options without getting distracted by small rate differences. He also breaks down the application process, the key riders and contract terms, and why private specialty coverage is usually far more reliable than employer group long-term disability coverage. Chapters 01:19 - Three main points in the quote overview 01:47 - The four carriers and why the broker recommends only these options 03:12 - Trainee discounts versus attending discounts 05:01 - Benefit period to age 65 and the benefit increase rider 07:23 - How COLA works and when to choose it 08:49 - Level rates versus graded rates over a physician’s career 12:13 - Why a lower quoted rate usually means less coverage somewhere else 15:07 - Partial disability and enhanced residual benefits 18:25 - Psychiatric benefit options and specialty-specific exclusions 21:22 - Why employer long-term disability often falls short 23:15 - Electronic application and approval process 26:05 - Why the broker relationship matters over the life of the policy The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn. If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

  2. Jul 22

    What is the grace period for getting a resident or fellow discount for disability insurance?

    In this episode, Billy Gwaltney breaks down the essential details physicians and medical trainees should understand about securing disability insurance discounts, including grace periods, medical considerations, and tips for locking in rates early. Key topics The importance of securing disability insurance coverage before or shortly after graduation The four top-tier carriers offering trainee discounts: Mass Mutual, Guardian, Principal, and Ameritas Grace periods: 90 days for Mass Mutual and Guardian; 180 days for Principal and Ameritas How health and moving during the grace period can impact your rates Strategies for starting coverage at lower amounts and scaling later Why it’s crucial to act promptly to secure discounts and maintain favorable rates Additional resources and ways to connect for personalized advice Chapters 00:19 - Welcome 00:46 - The top four carriers offering trainee discounts 01:16 - Details of the 90-day grace period for Mass Mutual and Guardian 01:44 - Understanding the 180-day grace period for Principal and Ameritas 02:40 - How to lock in your discount and maintain it forever 03:07 - Starting coverage at lower amounts and scaling up later 03:37 - How to discuss your specific situation and get personalized advice 04:27 - Connecting with Billy Gwaltney for questions and further assistance 04:56 - Closing remarks and contact information

  3. Jul 8

    Should I Pay Down Debt or Increase My Disability Coverage?

    In this episode of Cover Your Assets, disability insurance specialist Billy Gwaltney addresses whether physicians should prioritize paying down debt or increasing private disability coverage. He emphasizes the importance of having adequate insurance before debt repayment, especially for physicians facing high student loans and career uncertainties. Key  topics Importance of disability insurance for physicians Risks of relying on employer policies Timing of insurance purchase relative to debt payoff Balancing debt repayment with insurance coverage Chapters 00:20 Welcome 00:15 Debt vs. Disability Coverage: The Dilemma 02:37 The Importance of Insurance in Financial Planning 04:54 Final Thoughts on Disability Coverage

  4. Jun 24

    How to avoid becoming an "orphaned" disability policyholder

    In this episode of Cover Your Assets, host Billy Gwaltney discusses the critical importance of choosing the right disability insurance broker to avoid becoming an 'orphaned' policyholder. He emphasizes the risks of working with inexperienced agents and shares insights on how to ensure ongoing support and claims assistance. Chapters 00:20 Welcome 02:04 The Importance of a Reliable Broker 04:53 Navigating Claims and the Role of Advocacy The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn. If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

  5. Jun 10

    If disability rates are not negotiable, why do rates vary so much between brokers?

    In this of Cover Your Assets, host Billy Gwaltney clarifies how disability insurance rates are determined, why they vary between brokers, and how to ensure you're getting the best coverage without overpaying. Physician listeners will learn what to look for in policies and how to compare offers effectively. Chapters 00:20 Welcome 02:36 The Importance of Coverage Details 03:58 Avoiding Common Pitfalls in Insurance Quotes The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn. If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

  6. May 27

    Is it ok to wait until I graduate to buy GSI disability insurance?

    In this episode of Cover Your Assets, Billy Gwaltney addresses whether residents and fellows should wait until graduation to purchase guaranteed standard issue disability insurance. He covers the benefits, timing, and strategic considerations for securing disability coverage during training using his expertise in disability insurance. Chapters (00:20) Welcome (03:04) The Importance of Securing Coverage Early (05:54) Navigating the Risks of Waiting for Insurance The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn. If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

  7. May 20

    What are the eligibility rules for the Ameritas GSI for residents and fellows?

    On this episode of the Cover Your Assets podcast, Billy Gwaltney dives into a crucial topic for medical professionals: the eligibility rules for Ameritas GSI, or Guaranteed Standard Issue, disability insurance for residents and fellows. If you’re a physician in training, knowing the nuances of this insurance can provide the financial security you need. In this episode, Billy uses his expertise in disability insurance to break down the key eligibility requirements and tips to avoid common pitfalls. Keywords Disability Insurance, Ameritas GSI, Medical Residency, Physician Coverage, Fellows The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn. If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

  8. May 13

    Are you aware of the 'missing work' knockout question for GSI disability insurance?

    On this episode of the Cover Your Assets podcast, Billy Gwaltney explores critical financial strategies for physicians, focusing on an often-overlooked topic: the knockout questions related to missed work when applying for Guardian's Guaranteed Standard Issue (GSI) disability insurance. As a disability insurance specialist, Billy breaks down the crucial aspects of GSI, including what you need to know to safeguard your coverage. Keywords Disability Insurance, Guardian GSI, Medical Residency, Physician Coverage, Insurance Eligibility The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn. If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

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Don’t let accidents, illness, or injury destroy your hard work. You’ve spent years of your life and hundreds of thousands of dollars to become a physician. This is the career that will give you and your family everything you’ve dreamed of. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the C.Y.A. Podcast, Billy Gwaltney shows you exactly what you need to do to protect your income and your way of life—looking for even more how-to's? Make sure to check out his best-selling book on Amazon! (See website)

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