Protection for Doctors - Examples

The followign examples illustrate how Pro Plus Disability Insurance, based upon Own-Occupation coverage, would respond to different types of disability situations:

Example A: Dr. Mary Jones is a Medical Doctor. She can purchase Pro Plus Disability Insurance with her occupation listed as "Medical Doctor," whereby the coverage would respond if she were unable to perform the major duties of this occupation.

Example B: The physicians own a medical practice as partners. they are eligible for three types of high limit disability insurance:

(1) personal income protection insurance that would allow each of them to maintain their lifestyle if they, as individuals, suffered a disability;

(2) lump sum disability insurance that would provide two of the parters the capital to buy out the third partner if any one of them should become disabled; and

(3) corporate revenue protection insurance that would offset as much as a 33 percent reduction in the partnership's revenue if one of the partners should suffer a disability.

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