Published on September 16, 2009 at 6:57 AM
According to statistics recently released by the American Council of Life Insurers, one third of all Americans between the ages 35 and 65 will become disabled for more than 90 days. Parasol Financial & Insurance Solutions is pleased to offer help with disability insurance for dentists, which provides wage coverage specifically designed to meet the unique needs of this professional group. In addition to dentists, long-term disability insurance for physicians as well as other self-employed individuals is also available through Parasol.
“For most, it’s difficult to face the possibility that an illness may sideline you at some point in your career. But unfortunately, the odds are such that many of us, dentists included, will need to be prepared for these type of circumstances,” states Jamal Nasser of Parasol Financial & Insurance Solutions. “Fortunately, long term disability insurance provides a sound safety net of coverage to fill in when a gap in wages occurs.”
Disability insurance is coverage intended to provide 45 to 60 percent of gross income to workers who lose their wages due to a debilitating injury or illness. Disability insurance intends to recoup enough of the policyholder’s wages to pay for their living expenses while they are disabled. Dentists as well as physicians and other self employed workers have special long-term disability insurance needs.
“Dentists, physicians and other self-employed individuals have special considerations. Any interruption in their ability to work affects not only themselves and their family, but can have dire consequences on the lives of employees. Additionally, they also need coverage to assist them as they rebuild a thriving practice once in good health,” adds Nasser. “Parasol is pleased to offer long term disability insurance solutions to meet our customer’s needs.”