Disability insurance done right: the financial lifeline every physician needs

The podcast explores the importance of disability insurance for physicians, emphasizing that it's a foundational element for financial security due to the high probability of encountering a career-altering disability. Jamie Fleischner, founder and president of Set for Life Insurance, highlights the misconception of relying solely on employer-provided coverage, which is often less comprehensive and not portable. She advocates for individual "own occupation" policies that protect a physician's income even if they can work in another capacity, using the example of a surgeon unable to continue surgery due to arthritis. Fleischner also advises early-career physicians to secure policies with options to increase coverage later without medical questions, and to review their policies every three years or after major life changes.