The Disability Insurance Crossfire: Planners vs. Brokers and Must-Knows for Docs with Michael Relvas

Описание: As a physician, your most valuable asset isn't your car, your home, or even your impressive degree—it's your ability to earn an income through a unique skillset you've spent years (and sometimes decades) developing. We’re discussing disability and term life insurance with special guest Michael Relvas, an expert who has spent nearly twenty years advising physicians on these crucial protections.

We tackle complex decisions—like whether to include a COLA rider in a disability policy, how to prioritize insurance on a tight resident budget, and the pros and cons of graded versus level premiums. We also discuss scenarios for dual-physician households, review strategies for term life coverage as your family grows, and answer rapid-fire listener questions on applying for disability claims and updating older insurance policies.

Looking for help with Disability Insurance, Physician Banking, Student Loan Refinancing, Physician Mortgages, Contract Reviews, and more? Check out our "Best of the Best" sponsors page to find a list of the professionals Chad & Tyler team up with for their clients.

You will want to hear this episode if you are interested in...

[05:45] The cost of peace of mind
[11:13] Pros and cons of COLA riders
[16:31] Managing tight budgets in training
[23:14] Evaluating perceived vs. real roadblocks
[27:53] Choosing graded vs. level premiums
[35:38] Dual high-earner disability insurance debate
[47:30] Life insurance strategy insights
[52:06] Clarifying occupational duties in claims
[01:05:36] Questions from listeners on disability insurance


Connect with Michael Relvas
MR Insurance Consultants

Connect With Physician Cents
WealthKeel LLC: https://wealthkeel.com/
Olson Consulting LLC: https://www.olsonfp.com/
Tyler Olson on Twitter:   / olsonplanner  
Chad Chubb, CFP®, CSLP® on Twitter:   / wealthkeel