Disability insurance serves as the foundation of your personal financial plan. The North Carolina Medical Society is proud to sponsor the Principal Financial Group and Ameritas Life Insurance Corporation/Union Central Life Insurance Company as providers of this valuable insurance benefit.
North Carolina Medical Society Members are Eligible for Premium Discounts
- Individual Disability Income insurance is designed to insure your most valuable asset; your ability to earn an income. Special Programs and Limits in place for Medical Students, Residents and Fellows.
- Business Overhead Expense disability insurance can provide money to meet the expenses associated with keeping your practice open in the event of your disability.
- Business Loan Protection disability insurance can provide money to cover a commercial loan obligation if you become disabled.
- Key Person disability insurance can provide money to cover the loss of revenue generated when a key employee or an owner with less than 50% ownership becomes disabled.
- The objective of Disability Buy-Out insurance is to provide money for the purchase of a physician’s interest in a practice under a buy-sell agreement, in the event of a long-term total disability.
- Disability Income Retirement Security goes beyond traditional disability income insurance. The plan is designed to help fund a retirement benefit in the event of a disability.
There are a myriad of insurance companies and policies on the market. Policy features, benefits, limits and exclusions often differ from insurance company to insurance company and medical specialty. Individual disability insurance policies should be designed around your personal needs and financial objectives. Through the North Carolina Medical Society Disability Insurance Program, professional advisors who specialize in working with physicians are available to assist you. For more information, please call 1-888-298-7500 and identify yourself as a NCMS member or simply complete the information below.