Protection for Healthcare Professionals — Innovative Solutions for Physicians or Healthcare Systems

Healthcare professionals have unique insurance needs. Without group long term disability insurance designed specifically for healthcare professionals, a serious illness or injury could jeopardize you and your employees’ financial future and success of the organization.

RCM&D assisted in the development with Principal Life Insurance Company a highly flexible, comprehensive LTD solution designed just for healthcare professionals and systems.

Highly flexible and easy to customize for groups, the healthcare professionals program features these available differentiators:

• Specialty Own Occupation – protects physicians by basing disability on the inability to work in a given specialty or sub-specialty of medicine.
• No benefit reductions due to benefits received from other Individual Disability policies while disabled.
• No offsets or penalties for income earned prior to the disability.
• Extended definition of disability option to pay benefits beyond the age 65.
• Physician Education Benefit – provides reimbursement for education expenses incurred by a physician for the purpose of returning the physician to work in a new specialty as a physician.
• Spousal Benefit – if the spouse suffers a loss of two activities of daily living as specified in the policy they would receive a monthly benefit.