Cover Your Assets Podcast with Billy Gwaltney

In this episode of the Cover Your Assets podcast, host Billy Gwaltney discusses the significant gaps in the AMA disability policy that physicians should be aware of. He outlines five key elements that highlight the shortcomings of the policy, emphasizing the importance of understanding the details of disability insurance. The conversation serves as a cautionary tale for physicians considering the AMA policy, urging them to be vigilant and informed about their insurance choices.Chapters:(00:20) Welcome(07:15) Key Gaps in CoverageThe Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn.If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

In this episode of the Cover Your Assets podcast, host Billy Gwaltney discusses the intricacies of selecting a graded premium policy for private specialty disability coverage. He explains the differences between graded and level premiums, emphasizing the long-term financial implications of each choice. The conversation highlights the importance of understanding the terms of disability insurance policies, especially for physicians, and provides insights into when a graded premium might be a viable option. Billy also addresses the common misconception that lower initial premiums equate to better deals, urging listeners to consider the long-term costs associated with graded premiums.(00:20) Welcome(00:46) Understanding Graded vs. Level Premiums(04:15) Long-Term Financial Planning with Premiums(06:37) When Graded Premiums Make Sense(08:29) The Importance of Disability Insurance for Wealthy IndividualsThe Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn.If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

In this episode of the Cover Your Assets podcast, host Billy Gwaltney discusses the critical question of whether physicians should opt out of their employer's group long-term disability (LTD) policy. Billy explains the differences between group LTD and private specialty disability coverage, emphasizing the importance of having a well-structured private policy that offers better definitions and benefits. He highlights the potential pitfalls of group policies, including adverse selection and watered-down definitions of disability, and encourages physicians to make informed decisions about their insurance options.Highlights:(02:56) The Importance of Specialty Coverage(04:42) Making Informed Decisions on Disability InsuranceThe Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician — this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on Facebook and LinkedIn.If you have questions, feedback, or just want to connect, email Billy at billy@ownoccdisability.com.

Do you have to pay an extra fee to work with a broker? Spoiler alert: The answer might surprise you. In this episode of Cover Your Assets, host Billy Gwaltney breaks down how broker commissions are structured within insurance premiums and the value that a dedicated broker can bring to the table. Whether you're in the early stages of your career or an established professional, understanding this aspect of your coverage can provide peace of mind and financial clarity.  Episode Highlights:  How broker commissions are structured. (01:14)  The role of a broker and the continuous, long-term support they provide. (02:39)  Advice for ensuring you're working with a competent broker who earns their commission. (03:43)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠   

There IS a significant difference between working with a disability insurance specialist and a general financial planner when it comes to your financial security. As a seasoned specialist working with physicians across the country, Cover Your Assets host Billy Gwaltney provides valuable insights into why choosing a broker with in-depth expertise in disability coverage can make all the difference in your financial planning. Through relatable analogies and practical advice, Billy clarifies the distinctions between generalists and specialists in the insurance world. Learn why the devil is in the details when it comes to designing your disability insurance policy and how to safeguard your financial future with the right broker.   Episode Highlights:  The value of working with a specialist who has extensive experience in disability coverage. (02:13)  An explanation of rate increase scenarios and how they affect policyholders. (02:57)  Three crucial elements of an ideal disability insurance policy to ensure comprehensive coverage. (05:06)  Real stories where Billy has intervened to resolve claims issues and ensure clients received their rightful benefits. (09:21)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

In this episode of Cover Your Assets, host Billy Gwaltney explains the crucial elements of a well-structured disability policy, focusing on the often-misunderstood Enhanced Residual Benefit. Billy explores why this benefit is a non-negotiable part of any physician's robust disability insurance plan. Tune in to grasp the importance of this coverage and learn how it can protect you from financial instability if you can only work part-time due to illness or injury.  Episode Highlights:  Three non-negotiable elements of disability policies. (01:17)  Real-world cases illustrating the necessity of the benefit for part-time work scenarios. (04:32)  Common pitfalls to watch out for in association and group long-term disability policies. (05:43)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

Take a deep dive with host Billy Gwaltney into the often-overlooked yet vital aspect of a robust specialty disability policy: the recovery benefit. Designed to continue providing support even after you medically recover, this benefit could mean the difference between financial stability and strain as you get back on your feet.  In this episode of Cover Your Assets, Billy outlines the key reasons why this benefit is indispensable, especially for physicians at their income peak, breaking down complex concepts into easily digestible insights. Tune in to learn why a well-crafted disability policy is like a three-legged stool and how missing out on the recovery benefit could leave you unbalanced.  Episode Highlights:  Three primary elements of a comprehensive disability policy. (01:25)  Real-life scenarios of how medical professionals, like pediatricians and surgeons, are impacted by the recovery benefit.(02:27)  Why group long-term disability and association policies fall short without a recovery benefit. (04:59) The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

Ever wondered what happens to your disability policy if your income increases in the future? In this episode of the Cover Your Assets Podcast, host Billy Gwaltney tackles this common question for physicians and other high-income professionals.   Through his expertise as an independent broker, Billy explores the intricacies of adjusting your private specialty occupation disability coverage as your salary grows. With insightful explanations and practical advice, you'll understand how to keep your financial safety net robust as your career progresses.  Episode Highlights:  Explanation of future increase options and benefit increase riders. (02:06)  Insurance companies' calculations for coverage amounts and potential caps. (03:39)  The critical need for proactively increasing your coverage; and what happens if you don't. (05:38)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

Host Billy Gwaltney dives into the crucial topic of disability policies and how they are impacted when your income changes in this episode of Cover Your Assets. As a vital piece of security for many professionals, understanding the mechanics of these policies can save you from a potential financial pitfall. Billy breaks down the importance of non-cancelable and guaranteed renewable policies and provides clear guidance on managing your coverage amidst income fluctuations.  Explore the finer details of maintaining optimal protection, even when life throws a curveball.   Episode Highlights:  What non-cancelable and guaranteed renewable means for your disability policy. (04:44)  How increased coverage works with future income reductions. (02:30)  The flexibility of reducing your coverage and premium. (04:50)  Personalized advice for managing your disability policy effectively. (05:59)    The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

Expert Billy Gwaltney delves deep into the often-misunderstood term "guaranteed renewable only" and what it means for your private specialty disability coverage. If you're a physician navigating the nuances of insurance policies, this episode is a must-listen. Billy breaks down the differences between non-cancelable and guaranteed renewable policies, highlighting important factors such as rates, state regulations, and the implications for policyholders.  Learn how choosing a "guaranteed renewable only" policy could offer substantial discounts and understand the trade-offs involved. With real-world examples and expert insights, this episode provides crucial information to help you make informed decisions about your insurance options.  Episode Highlights:  The significant cost savings with "guaranteed renewable only" policies. (01:59) An explanation of rate increase scenarios and how they affect policyholders. (02:57)  How adverse selection impacts insurance companies and policyholders alike. (03:45)  Insights into why top carriers, like Emeritus, have maintained stable rates for decades. (04:22)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

Have you ever wondered what the terms "noncancelable" and "guaranteed renewable" really mean in the world of insurance?  Billy Gwaltney breaks down the importance of these terms and why they should matter to you. With his rich experience as an independent broker for the top four carriers, he ensures that these policies have no gaps or gotcha clauses.  Discover how noncancelable and guaranteed renewable policies protect you, offering you peace of mind and stability. Understand why these features are essential and what exceptions you need to be aware of when choosing your policy.  Episode Highlights: Definition and significance of noncancelable and guaranteed renewable policies. (00:51)  Explanation of the three key elements: policy cancellation, terms change, and rate increase. (01:33) Pros and cons of guaranteed renewable-only policies and important considerations. (02:36)  Billy's invitation for a personal consultation and contact information for further questions. (03:18)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

Have you ever wondered how a change in medical specialty can affect your private disability policy?   In this illuminating episode of the Cover Your Assets podcast, host Billy Gwaltney dives deep into the nuances of specialty disability policies and how they adapt to your evolving medical career. Whether you're a resident just starting out or an experienced professional considering a switch, understanding your policy is crucial. Billy provides expert insight into why your initial specialty matters and how the right policy can offer seamless coverage as you progress.  Tune in to learn how to secure your financial future, no matter where your medical journey takes you. Ensure your policy evolves with your career, covering everything from fellowship transitions to unexpected changes in job roles.  Episode Highlights:  Why your specialty impacts the rate you pay for your disability policy. (02:37) How your policy adapts to changes in your medical career. (03:50)  Dual Benefits: Coverage for new roles without penalizing future earnings (05:46)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

What really keeps your financial future secure: strategy or principles? In the final session of this enlightening educational series, host Billy Gwaltney dives deep into the essential and often overlooked world of risk management and asset protection with guests Kyle Christensen and John Navin.  Together, they explore the intricate balance between traditional and principles-based approaches to safeguarding your financial assets. Both Christensen and Navin reveal the startling reality that many clients, including high-earning professionals, are grossly underinsured, sharing personal anecdotes to underscore the critical importance of early and adequate coverage.  Don't miss this engaging discussion filled with actionable insights, tips on optimal insurance strategies, and a holistic view on financial planning designed to help you secure and maximize your assets.  Episode Highlights: Kyle Christensen discusses the limitations in purchasing insurance and explains the principle of indemnity. (07:12) Billy Gwaltney shares a cautionary tale about a surgeon who unexpectedly needed long-term care due to early-onset Alzheimer's. (15:34)  John Navin introduces the DIME formula for determining life insurance coverage needs and elaborates on his personal experience with health and life insurance costs. (28:49) A deep dive into the comparison of term versus whole life insurance, and Kyle Christensen's compelling analogy between renting and owning life insurance. (45:02)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠   

Host Billy Gwaltney delves into the intricate world of financial tools and strategies with guests John Navin and Kyle Christensen on this episode of Cover Your Assets.   Through a series of enlightening discussions, they uncover the critical aspects of financial planning, addressing common mistakes and underexplored opportunities that professionals, especially those in high-risk careers like medicine, must consider. From the fundamentals of car insurance to the nuances of student loan repayment, this episode is packed with actionable insights designed to fortify your financial future and mitigate risks.  Join them as they probe into the strategies that will not only cover your assets but also ensure substantial growth and security in an ever-evolving economic landscape.   Episode Highlights:  John Navin discusses optimal car insurance coverage amounts and common planning mistakes. (10:25) Kyle Christensen emphasizes the importance of a personal liability umbrella policy with at least a million dollars in coverage. (18:45)  Billy Gwaltney explores principles of investing, stressing the importance of control and understanding in financial decisions. (34:15)  Insightful conversation on student loan challenges, featuring practical tips on leveraging current income-driven repayment plans. (47:05)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

In this episode of Cover Your Assets, host Billy Gwaltney dives deep into the intricate balance between financial goals and personal values with guests and financial planners Kyle Christensen and John Navin.   Kyle shares why he avoids using the term "retirement," preferring "financial freedom" as a more empowering goal, while John introduces his "freedom number" concept for a joyful life beyond just escaping a job. Together, they explore the unique financial challenges faced by medical professionals transitioning from training roles to high-earning attending positions and offer actionable strategies for building financial independence.  This episode empowers listeners to rethink their financial future with purpose-driven decisions and smart investment choices.  Episode Highlights: Kyle Christensen explains the concept of financial freedom and stresses the importance of understanding what you want to do once you achieve it. (08:15)  John Navin introduces his "freedom number" and discusses why planning for a joyful life is more than just escaping a job. (16:45)  John Navin details his diversified investment strategy, outlining different investment "buckets" based on time horizons. (32:00)  Kyle Christensen critiques financial institutions and emphasizes the significance of investing in what you know and can control. (33:50)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

Welcome to the first session of the Cover Your Assets educational series on financial planning, where host Billy Gwaltney delves deep into financial mindsets with experts John Navin and Kyle Christensen.   Discover the diverse approaches to financial planning, encompassing both traditional and non-traditional strategies, directly from seasoned professionals. Whether you're an experienced investor or just starting out, this episode aims to empower you with the knowledge to make informed financial decisions.  Get ready to explore a series that will fundamentally change your perception of financial planning.  Episode Highlights: Understanding Traditional vs. Non-Traditional Financial Planning: John Navin discusses conventional strategies and Kyle Christensen introduces alternative investment ideas. (12:30)  Emphasizing Education in Financial Planning: Kyle shares how empowering clients with knowledge is central to his approach. (20:45)  Real-life Examples: Learn about a pharmacist who increased income significantly through business investment and how professionals can leverage their expertise. (32:05)  Critique of the Financial Industry: Both guests critique the pitfalls of the financial advisory industry and stress the need for personalized, diligent financial planning. (45:10)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ 

What does true dedication to client care look like in private specialty, own occupation, disability coverage?  Join Cover Your Assets host Billy Gwaltney as he unveils his unwavering commitment to providing top-tier service for physicians. From securing the best coverage to ensuring a streamlined process, Billy's promise to his clients is unparalleled. Discover the benefits of working with a dedicated specialist who offers personalized, concierge-level care.  Episode Highlights: Billy's goal: Being the best in private specialty disability coverage. (01:00) Overview of the essential coverage components, including the true specialty own occupation definition and enhanced residual benefit. (02:30) The role of Billy's dedicated team in providing proactive care. (04:00) The importance of having a specialist who builds personal, lasting relationships with both clients and insurance companies. (06:20)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Have you ever found yourself overwhelmed by all the financial protection options out there and wondered, "What if I don't have time to research the options?"  In this episode of Cover Your Assets, host Billy Gwaltney addresses a common concern among busy professionals, especially physicians in training: how to secure the best disability insurance coverage without dedicating endless hours to research.   Billy shares his insights gained from years of experience working with thousands of physicians across the country. With practical recommendations and a focus on simplifying the process, he ensures you don't have to be an insurance expert to make informed decisions.   Episode Highlights: Why physicians often apologize for not researching their options and why it's completely understandable. (01:08) A breakdown of the four top disability insurance contracts you should consider—MassMutual, Guardian, Principal, and Ameritas. (02:29) The importance of working with a specialized broker and the benefits they bring to the table. (03:55) How having an expert broker can make all the difference when it's time to file a claim, ensuring your needs are met without hassle. (05:30)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Ever wondered if your employer's long-term disability (LTD) policy truly has your best interests at heart?   In this episode of Cover Your Assets, host Billy Gwaltney reveals the hidden truths behind employer-provided group LTD policies. Discover the significant gaps in these policies and why private specialty disability coverage might be a better safety net for you.  Billy shares insights from his extensive experience with physicians, highlighting key differences between employer group LTD policies and private insurance. Learn why it's crucial to be informed about what your coverage truly offers.  Episode Highlights: The basics of employer-promoted group LTD policies and their hidden biases. (01:05) Explore significant gaps in coverage and why the benefits might fall short. (02:06) Understand adverse selection and how it affects the definitions and effectiveness of group policies. (04:24) Why maximizing private disability insurance is essential for comprehensive coverage. (05:23)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Did you know that the term 'own occupation' in your disability policy could mean completely different things based on your coverage type?  In this enlightening episode of the Cover Your Assets podcast, host Billy Gwaltney breaks down the complexities behind various disability insurance policies. He dives into the distinct differences between group employer policies and individual private disability policies and exposes the often murky definitions that can significantly impact your coverage.  This episode is a must-listen if you want to ensure your policy will actually protect you when you need it most.  Episode Highlights: Understanding the difference in group disability policy definitions and explaining adverse selection. (02:02) Why 'own occupation' means different things in employer-provided vs. individual policies. (04:41) Examples of how policy definitions affect claim approvals. (10:57) Key elements to look for in an individual private policy to ensure comprehensive coverage. (12:55)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Host Billy Gwaltney sits down with innovative financial planner Kyle Christensen in this riveting episode of Cover Your Assets. Discover how Kyle's unique take on financial planning—focused on trust, continuous education, and the velocity of money—can transform your approach to wealth management and help you achieve financial independence. Kyle goes beyond traditional financial advice, advocating for principles that foster successful decision-making and long-term client relationships. He also highlights the critical role of understanding personal finance and challenges the conventional methods promoted by financial institutions. If you're a physician seeking a practical and enlightened approach to finances, this episode is a must-listen. Episode Highlights: Kyle discusses building and maintaining client relationships through trust and long-term commitment. (05:17) Learn about the five foundational principles Kyle teaches, focusing on saving, protection, asset replacement, liquidity, and the velocity of money. (12:45) Kyle unpacks the "velocity of money" concept, illustrating how to get multiple uses out of the same dollar. (24:32) Get Kyle's top book picks, including "Rich Dad, Poor Dad" by Robert Kiyosaki and "The Lifestyle Investor" by Justin Donald. (37:50) Don't miss this enlightening conversation that defies traditional financial planning norms and empowers you with strategies to Cover Your Assets...From All Angles. The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you ready to secure your financial future and plan for a fulfilling career? In this fascinating episode of Cover Your Assets, host Billy Gwaltney chats with financial advisor John Navin, dissecting the intricacies of succession planning and long-term financial strategies. John shares his vast experience and unique personal journey, making complex concepts accessible and actionable. Discover the unique features of John's innovative "Lifestyle Maximizer" plan, a comprehensive approach to financial health that addresses key areas such as estate and tax planning. The conversation also delves into the role of personal values and vision in shaping financial strategies, offering a roadmap to align your finances with your life goals without compromising on today's joys. Episode Highlights: John talks about having a personal succession plan and hiring his first COO. (00:29) Introduction to the "Lifestyle Maximizer" plan and its comprehensive approach. (06:17) Building trust with clients nationwide and the significance of values and vision in financial planning. (14:23) John's essential financial advice on the importance of having a custom plan. (20:27) Tune in for an episode that not only covers the essentials of financial planning but also inspires you to map out a fulfilling journey both in life and in your career. Join Billy and John as they unpack what it truly means to Cover Your Assets...From All Angles. The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you a resident or fellow looking to enroll in the Guardian Guaranteed Standard Issue (GSI) disability policy? In this episode of Cover Your Assets, host Billy Gwaltney outlines the seamless process for enrolling in the program, highlighting its simplicity and efficiency.  Join Billy as he shares the step-by-step procedure, from filling out a pre-application form to signing the application electronically. Discover how the Guardian GSI program eliminates the need for medical screenings or extensive questionnaires, making it incredibly convenient for busy trainees.  Episode Highlights: Learn about the quick and simple electronic pre-application form. (1:10) Understand the importance of applying for the Guardian GSI first before considering other coverage. (2:17) Explore the efficient processing and turnaround time, ranging from 24 hours to two weeks. (3:45)    The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you fully prepared for the enrollment process for the Ameritas Guaranteed Standard Issue (GSI) disability coverage? In this episode of Cover Your Assets, host Billy Gwaltney breaks down the straightforward electronic enrollment process, emphasizing the importance of enrolling in the GSI before applying elsewhere.   Learn about the efficient and hassle-free nature of the application, the potential processing timeline, and the crucial rule to consider before making any other applications.  Episode Highlights: Insight into the simple and quick electronic enrollment process. (00:30) Understanding the potential processing timeline for the application. (1:20) The crucial rule of enrolling in the GSI before applying elsewhere, ensuring eligibility for the valuable coverage. (2:20) The advantages of GSI, including the lowest rate, 20% discount, and efficient underwriting process compared to traditional medical screening. (2:44)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you a resident or fellow physician looking to navigate the medical screening process for disability coverage with ease? In this episode of Cover Your Assets, host Billy Gwaltney reveals the streamlined procedure for securing private specialty or occupation disability coverage and how it's been simplified to require minimal time and effort.  Walk through the electronic and phone-based medical screening process for trainees and attendings (highlights: time-saving benefits and the waived need for insurance physicals), gain valuable insights into the importance of having the right definitions and trainee discounts, and understand how brokers advocate for clients to influence underwriters and navigate the process seamlessly.   Episode Highlights: The streamlined electronic and phone-based medical screening process for trainees and attendings. (00:40) Insight into the timeline for processing applications and the role of brokers in influencing underwriters. (3:21) The significance of having the right definitions and securing trainee discounts for disability coverage. (4:13) How to effectively work with a specialist broker to ensure a smooth and quick process. (4:48)   The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you prepared for the unexpected in the world of insurance? What happens to your policy if your agent quits or is no longer in the picture?   In this episode of Cover Your Assets, Billy explains the concept of orphaned policyholders in the insurance world and the challenges they face without an assigned agent. He also underscores the importance of having a knowledgeable broker to guide you through policy provisions and assist in claims. Listeners will gain valuable insight into the potential pitfalls of being an orphaned policyholder and how to address the situation proactively.  Episode Highlights: The role of a broker in securing and maintaining a disability insurance policy. (00:51) The potential drawbacks of dealing directly with insurance companies as an orphaned policyholder. (2:55) Seeking assistance in finding a new agent to take over your policy. (4:20) The impact of having a specialized broker with established relationships in the insurance industry. (4:59)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you considering a guaranteed standard issue (GSI) disability policy and wondering if the broker still matters? In this episode of Cover Your Assets, host Billy Gwaltney explains the crucial role of a broker even when purchasing a GSI disability policy. He outlines the importance of having a specialist broker to navigate the complexities of disability coverage and the claim process. With real-life examples, Billy emphasizes the valuable role brokers play in ensuring policyholders receive their entitled benefits.  Episode Highlights: Importance of working with a broker. (00:45) Role of a broker in GSI policies. (1:55) Broker involvement in the claim process. (3:52)    The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you considering applying for disability insurance? In this episode of Cover Your Assets, host Billy Gwaltney discusses the vital importance of applying for guaranteed standard issue (GSI) policies first, before applying elsewhere. He highlights the potential consequences of applying for disability insurance with other companies prior to GSI and explains why securing a GSI policy is essential for individuals with certain medical histories or risky hobbies.  Billy emphasizes that GSI policies offer the best coverage without medical screening and advises listeners to work with a specialist to navigate the application process effectively. He stresses the significance of understanding the process before pursuing disability insurance and shares his contact information for personalized assistance.  Episode Highlights: Explaining the crucial importance of applying for GSI policies first. (1:06) Why do insurance companies avoid being the place of last resort? (2:58) Emphasizing the guaranteed, renewable, and non-cancellable nature of GSI policies. (3:45)    The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Do you want to safeguard your hard-earned success? In this episode of Cover Your Assets, host Billy Gwaltney breaks down the quote spreadsheet, providing a detailed overview of the Benefit Increase Rider (BIR) and what makes disability coverage so crucial for physicians in training.   Discover the top true specialty disability carriers and the key elements you need in your coverage plan. Learn the importance of private, portable, non-cancelable, and guaranteed renewable coverage with the BIR that allows you to expand your coverage once you become an attending. And gain valuable insights into getting this part of your financial life exactly right.  Episode Highlights: The importance of private, portable, non-cancelable, and guaranteed renewable disability coverage. (1:17) The benefits of the BIR and its significance for physicians in training. (3:17) The top true specialty disability carriers and their interchangeable contract landscape. (4:42) Key components of disability coverage and the role of a specialist broker in securing the right plan. (26:33)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

In this episode of Cover Your Assets, host Billy Gwaltney delves into the details of the Ameritas Guaranteed Standard Issue (GSI) policy for residents and fellows at OhioHealth. Discover how this top-tier true specialty own-occupation disability policy provides unparalleled coverage with no required medical screening.   Billy outlines the three non-negotiable elements of a properly designed disability policy and explains how the Ameritus GSI offer ticks all the boxes. He emphasizes the importance of taking advantage of this unique opportunity while it's available and highlights the significant benefits of securing this coverage early in your career.  Episode Highlights: How Ameritus seamlessly incorporates the essential elements of a true specialty own-occupation disability policy. (00:19) Three reasons why the GSI offer is a game-changer for trainees. (3:57) Unique features of the GSI coverage, including portability, and non-cancelable and guaranteed renewable benefits. (6:03) Potential pitfalls of delaying or applying elsewhere before taking advantage of the GSI offer. (8:35)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you a resident or fellow at Ohio State University? You won't want to miss this episode of Cover Your Assets as we dive into the details of the Ameritas Guaranteed Standard Issue (GSI) policy, offering exclusive coverage with no medical screening, which is now available to you.   Host Billy Gwaltney provides an in-depth look at the unique benefits of the Ameritas GSI policy for residents and fellows at Ohio State University. He outlines the three critical elements of a properly designed true specialty policy, explains the guaranteed standard issue concept, and emphasizes the importance of applying for this exclusive coverage.  Episode Highlights: Crucial components of a true specialty own-occupation disability insurance policy and how it can benefit physicians. (1:16) GSI and its significance for residents and fellows at OSU, including the absence of medical underwriting and exclusions. (4:04) Exclusive benefits and features of the Ameritas GSI policy. (5:20) Important considerations – like the requirement to apply for GSI before applying elsewhere – and next steps. (8:34)   The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you a resident or fellow at the University of Rochester? Have you found the key to ensuring your financial security as a physician? In this episode of Cover Your Assets, host Billy Gwaltney dives deep into Guardian's guaranteed standard issue policy being offered to you.  Listen in as he outlines the vital elements of a properly designed specialty disability policy, including the true specialty own occupation definition of disability and enhanced partial disability benefits.   Episode Highlights: Three vital elements of a properly designed specialty disability policy. (1:02) Comparison of elimination periods and cost of living adjustment options. (7:34) The risk of waiting and the importance of getting the GSI opportunity in place before applying elsewhere. (10:09)    The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you a resident or fellow with New York-Presbyterian at Columbia, Weill Cornell, or Queens? Are you looking for disability insurance without the hassle of medical screening? In this episode of Cover Your Assets, host Billy Gwaltney provides an exclusive overview of Guardian's Guaranteed Standard Issue (GSI) disability policy being offered to you. Learn about the unique benefits and opportunities available to residents and fellows at these facilities and discover why this coverage is considered the best on the planet.  Billy also breaks down the three non-negotiable elements of a properly designed private specialty disability policy, provides an in-depth explanation of the Guardian guaranteed standard issue program, discusses the importance of timing in applying for this coverage, and emphasizes the exclusivity and portability of the policy.  Episode Highlights: True Specialty Occupation definition of disability. (1:24)   Enhanced Partial Disability Benefit. (2:41) Long term recovery benefit and Future Increase Option details. (3:10) Importance of applying for GSI before medical underwriting. (8:14)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

This episode was first broadcast in November 2022. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).  When physicians contact me about disability policies, they always ask what types of disability policies are available. There are two different types. But even though they're both considered disability policies, one works in your favor while the other could force you to pay back your benefits. In this episode, you'll discover the two types of disability policies and which one you should choose for the maximum benefit. Episode Highlights: The two types of disability policies and how to pick the best one for you. (0:49)   The “adverse selection” reason why group LTD policies restrict your benefits. (3:14)   Why you might be forced to pay back your disability benefits if you sign up for the group LTD policy. (6:12)   How to get paid your full disability policy, even after landing another job. (7:19) The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

This episode was first broadcast in January 2023. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).  How much are you paying right now for your insurance premiums? There's a 95% chance it's too much. Because 95% of physicians don't know that they can reduce how much they pay in premiums on their coverage. How? By getting a discount through the right associations. Doing so can save you up to 50% on your coverage. In this episode, you'll discover how to add discounts to your existing attendant coverage. And, if you're still in your trainee phase, you'll find out how to save up to 50%! Episode Highlights: How to permanently save up to 40-50% on your disability coverage by using a trainee discount. (1:23)  How to get up to 15% off your coverage as an attendant, even if you're past the trainee period. (3:24)  The “Policy Discount” loophole most insurance companies use to charge you extra premiums, and how you can avoid it. (4:32)  A secret strategy for saving money on your insurance policy, while upgrading your coverage. (4:50) The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

This episode was first broadcast in February 2023. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).  As a trainee, it can be tough to budget for disability coverage. But here's the thing: waiting to get coverage is like playing a risky game with your finances. Think about it—the longer you wait, the higher the interest rates on your coverage will be. It's like a ticking time bomb for your wallet. This is why it's important that you learn to take control of your financial and health destiny now to get the best discounts and rates on disability coverage. In this episode, we'll show you how to do just that while paying as little as possible on premiums. Episode Highlights: How to get the largest discount on your disability coverage. (2:14)  How 95% of trainees end up paying 20-30% extra for coverage—and how you can avoid that. (3:16)  Why waiting for four years (as a trainee) to get coverage could end up permanently costing you an extra 40-50% in premiums. (3:43)  How you can legally bypass in-person physical screening for coverage as a trainee. (4:32)  The key to securing the lowest premiums on your coverage. (6:42)  Why a lower coverage rate may be the smarter choice as a trainee. (9:55) The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

This episode was first broadcast in April 2023. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google). Some people think it's better to skip a broker and go straight to an insurance company to avoid paying an extra fee, which is an excellent idea if you want to save money by doing the work yourself. But unfortunately, it is more complicated than you think. Going straight to the insurance companies is often more expensive because you won't get the best rates (and you wind up paying for the broker fee anyway). In this episode, we share whether skipping a broker is a good idea, how to get the best disability coverage, and how to save yourself from coverage issues that cause frustration and hurt your wallet. Episode Highlights:  Can you go straight to an insurance company to avoid paying an extra fee for the broker? Here's why it could cost you more. (1:17) How to choose the right broker—and why not knowing this detail could cost you thousands of dollars. (2:33) Why buying disability coverage from a large firm is the worst financial decision you can make that'll cost you thousands in the long term. (5:18) The three traits your disability coverage broker absolutely needs to have. (7:18)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

This episode was first broadcast in June 2023. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).  Picking the right disability coverage provider is a big deal. Why? Because they'll be your safety net when times get tough, and you'll be paying them for a long time. Make sure it's a wise investment. In this episode, we reveal the top companies we recommend and what to watch out for. Plus, we'll share two more alternatives if you can't access the top four. Episode Highlights: The ultimate disability coverage: four companies you can't afford to overlook (and why choosing otherwise could cost you thousands). (1:05)  Choose this company if you expect to have an exception during the lifetime of your policy (Note: no other company will let you add changes to your policy). (1:54)  Want the lower rates on your policy? Choose THIS to save a fortune on premiums over the years. (2:15)  Are medical screenings a concern? Can't pick among the four companies? Here are two more companies you can look at. (3:55) The three types of life insurance, which one is cheapest, and which to get if you want the biggest payout possible. (6:11)   Why self-insuring is almost always a costly mistake, even if it seems cost-effective on the surface. (10:43)  The surprising “life enjoyment” benefits of keeping an active life insurance policy after retirement. (16:51) The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

This episode was first broadcast in August 2023. You can find a full episode archive by subscribing to Cover Your Assets on the platform of your choice (Apple, Spotify, Amazon, or Google).  Why do shady brokers take advantage of so many innocent physicians? The biggest reason is that most people want cheaper rates, even though the top four companies offer safe, worthwhile coverage. Physicians think they're doing the right thing but set themselves up for misfortune instead. They can lose thousands of dollars every year and face hours of stress and endless troubles when a disability case comes up. In this episode, you'll see the common pitfalls that price shoppers face and discover how to prevent shady brokers from taking advantage of you—so you get the coverage you deserve. Episode Highlights: The dirty little secret shady brokers use to dupe you into paying thousands of dollars extra for cheaper coverage. (2:25)  Three overlooked coverage mistakes that could cost you a fortune. (3:00) Make sure you have these “Vital Cost” features in your coverage when buying (Warning: not knowing these allows your broker to take advantage of you). (3:28)  Three “Life Saving” features without which your coverage is useless (Note: Missing one of these means you'll be left high & and dry during a disability). (4:25)  Surprising reason why using a graded premium is going to cost you thousands of dollars more instead of saving money. (5:24)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠. If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Are you a physician wondering whether you should choose the Benefit Increase Rider (BIR) or Future Increase Option (FIO) for your policy? In this episode of the Cover Your Assets podcast, Billy Gwaltney dives into the pros and cons of each option. He breaks down the guidelines and requirements for both riders and explains how they can affect your coverage and cost. Whether you prioritize flexibility or cost-efficiency, this episode will help you decide on your insurance needs.  Episode Highlights:  Billy explains how BIR and FIO riders allow you to increase coverage in the future without redoing medical screenings. (1:06)  The differences between the BIR and the FIO, and how they can both lead to maximum coverage based on your income. (3:52)  The BIR requirements and guidelines, including updating your income and accepting additional coverage you qualify for. (5:22)  The flexibility of the FIO, which allows you to increase your coverage anytime and by any amount, without adhering to a specific schedule. (6:58)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney shows you exactly what you need to do to protect your income and way of life.  Stay up to date with Billy on ⁠Facebook⁠, ⁠LinkedIn⁠, or ⁠YouTube⁠.   If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

As a physician, how do you choose the right disability policy for your specific needs, to protect your income and way of life? From understanding the importance of private coverage to exploring the three non-negotiable components of a quality policy, host Billy Gwaltney provides valuable insights to help you make an informed decision. Discover why relying solely on employer policies or group coverage may not provide the necessary protection, find out which companies are offering the best coverage, and learn the three non-negotiable components of a quality disability policy.   Listen to this episode for crucial tips and to gain the peace of mind that financial security brings.  Episode Highlights:  The significance of owning a private disability policy and the importance of comprehensive definitions. (00:38)  Four insurance companies currently offering private, non-cancelable, and guaranteed renewable disability coverage. (2:50)  Understand why the name brand or popularity of an insurance company is not as important as the contract itself. (5:28)  Explore the three non-negotiable components of a quality disability policy: true specialty own occupation definition, enhanced residual benefit, and long-term recovery benefit. (6:36)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney shows you exactly what you need to do to protect your income and way of life.  Stay up to date with Billy on ⁠Facebook⁠, ⁠LinkedIn⁠, or ⁠YouTube⁠.   If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Is being an independent broker in the insurance world the same for everyone? Host Billy Gwaltney answers that question in this episode, exploring the differences in being an independent broker in the insurance industry. He breaks down the two broad categories of independence and discusses the advantages of working with a truly independent broker who prioritizes the client's needs over company affiliations.   If you're curious about the true meaning of independence in the insurance broker world and want to ensure you're getting the best coverage for your needs, this episode is a must-listen.   Episode Highlights:  Billy defines the term "independent broker" and discusses the varying definitions within the insurance industry. (00:52)  The importance of specialized coverage and the benefits of working with a broker who represents companies with the strongest contracts. (2:46)  Billy uncovers the truth behind brokers who claim to be independent but repeatedly recommend the same insurance company as the solution. (5:40)  The commission structure for brokers and how productivity bonuses should not impact their independence. (7:07)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney shows you exactly what you need to do to protect your income and way of life.  Stay up to date with Billy on ⁠Facebook⁠, ⁠LinkedIn⁠, or ⁠YouTube⁠.   If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Did you know that the average disability claim lasts for nearly 7 years? In this episode, Billy Gwaltney delves into the duration of disability claims and why it's important to have the right insurance coverage. He breaks down statistics from the Council for Disability Awareness and highlights the most commonly claimed types of disabilities. Learn more about the significance of the true specialty own occupation definition of disability and the need for a long-term recovery benefit.   Tune in to this episode to learn more about the duration of disability claims and how to protect your financial security.  Episode Highlights:  Statistics from the Council for Disability Awareness on the duration of disability claims. (00:45)  Types of disability claims and the most common illnesses that cause them. (3:43)  The importance of having insurance coverage that considers your specific occupation and allows for alternative ways of practicing medicine, even if you can't physically show up to work. (5:46)  Why you need a long-term recovery benefit in your insurance coverage. (8:55)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney shows you exactly what you need to do to protect your income and way of life.  Stay up to date with Billy on ⁠Facebook⁠, ⁠LinkedIn⁠, or ⁠YouTube⁠.   If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

In this episode, host Billy Gwaltney takes a deep dive into the three key elements that make up a top private specialty disability policy and why they're essential for physicians looking to safeguard their financial security and maintain peace of mind. Billy breaks down each element in detail, offering insights and advice to help listeners make informed decisions about their coverage options.  Listen to learn more about the three pillars and gain valuable insights into securing comprehensive coverage.  Episode Highlights:  The first pillar: True Specialty Own Occupation Definition of Disability. Learn why this definition is crucial for ensuring policyholders receive full benefits even if they pursue alternative income sources. (1:53)  The second pillar: Enhanced Residual Benefit. Explore how this benefit covers partial disabilities, providing income support for physicians who can work part-time due to illness or injury. (3:52)  The third pillar: Recovery Benefit. Discover how this benefit ensures physicians receive continued support if they medically recover from a disability but experience a decrease in income upon returning to work. (5:04)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney shows you exactly what you need to do to protect your income and way of life.  Stay up to date with Billy on ⁠Facebook⁠, ⁠LinkedIn⁠, or ⁠YouTube⁠.   If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠  --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Have you ever wondered why physicians are required to sign HIPAA authorization and HIV consent forms?  In this episode, host Billy Gwaltney answers this question and sheds light on the importance of these forms during medical screenings for disability coverage. Billy explains how the HIPAA authorization allows underwriters to verify medical information and request medical records if necessary, while the HIV consent form is a precautionary measure in case labs are required.  Listen to learn more about these crucial forms and why they are necessary for obtaining insurance coverage. Episode Highlights: The purpose of signing a HIPAA authorization during the application process. (1:03) How the HIPAA authorization allows underwriters to access medical records and conduct a medical evaluation for disability coverage. (2:00) The significance of the HIV consent form and its connection to insurance physicals and lab tests. (03:06) Why the signed HIPAA authorization and HIV consent forms are essential for submitting an application and obtaining coverage. (04:01)  The Cover Your Assets Podcast is on a mission to help physicians like you get their insurance right. You've spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you've dreamed of! Don't let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney shows you exactly what you need to do to protect your income and way of life. Stay up to date with Billy on ⁠Facebook⁠, ⁠LinkedIn⁠, or ⁠YouTube⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Why do shady brokers take advantage of so many innocent physicians?   The biggest reason is that most people want cheaper rates, even though the top 4 companies offer safe, worthwhile coverage... In other words, they set themselves up for misfortune… This leads to losing thousands of dollars every year. Plus, it causes hours of stress and endless troubles when a disability case comes up. In this episode, you get to see the common pitfalls that price shoppers face... And you'll discover how to prevent shady brokers from taking advantage of you, so you get the coverage you deserve. Tune in now! Show Highlights Include: The dirty little secret shady brokers use to dupe you into paying thousands of dollars extra for cheaper coverage (2:25) 3 overlooked coverage mistakes that could cost you a fortune (3:00) Make sure you have these “Vital Cost” features in your coverage when buying (Warning: Not knowing these allows your broker to take advantage of you…) (3:28) Three “Life Saving” features without which your coverage is useless (Note: Missing one of these means you'll be left high & dry during a disability) (4:25) Surprising reason why using a graded premium is going to cost you thousands of dollars more instead of saving money (5:24) --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

As a physician, your time is limited… So, don't waste it searching through info on disability insurance that won't help you. With so much bad advice out there, it's crucial to get the right details! Otherwise you risk yourself into policies that charge you crazy premiums and never pay off when crisis strikes… Leaving you and your family high & dry... That's why I'm here to share the crucial bits you need to know before getting disability insurance. This way, you'll be safe from shady policies and save yourself years of headache and money. Listen now! Show Highlights Include: Your most crucial asset as a young physician to take care of (hint: it's not what you think) (1:43) Don't have time to look into disability insurance? Here are the top 2 disability policies you need to know about (3:00) #1 insurance type you need to have now (Note: This will save you years of headache & money) (3:24) The sneaky ways certain policies siphon all your money and leave you high & dry during a crisis (3:41) Make sure your coverage has THIS benefit added on to it (Having this will save you from insurance companies that try to cancel your policy) (6:35) --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Getting coverage is easy, considering all the options you have. But knowing what to pick or who to go to get help from is tricky. To make matters worse: There are tons of bad brokers that will gladly take your money from your pockets. And employers that promise big payouts but leave you high & dry in times of crisis… In this episode, I'll reveal exactly how you can navigate the various minefields of the insurance world and get the right coverage for you.  Listen now! Show Highlights Include: The real truth behind insurance companies and why most people can't get a higher premium (2:46) Surprising reason why you'll be charged the same by insurance companies even if your pay goes down by more than half (4:09) 2 crucial factors insurance companies look at when deciding how much coverage you need (5:25) The earliest you're eligible for an increase in coverage as a trainee (Note: Look out for this window so that you can get more coverage over the long term) (6:06) How to get more credit for your coverage on your guaranteed bonus on pay (7:13) Are you an independent contractor? Here's how long you need to wait before an insurance company will give you credit for your new income (7:41) Sneaky “Definition Watering” tactic insurance companies use to make it difficult for people to collect coverage (and how you can prevent that) (10:36) How your employer could unknowingly cause your private speciality disability benefit to go down by half (and what you can do to avoid it) (12:00) The dirty little secrets of employers who brag about having up to 60% of their salary replacement as a joining benefit (13:19) --- Send in a voice message: https://podcasters.spotify.com/pod/show/billy-gwaltney/message

Embracing an entrepreneurial mindset unlocks unfair advantages. Not only does it save your most valuable assets (time and money), but it also makes you more credible in your patients' eyes. In fact, this can make you the top choice in your entire market.  But how can you embrace an entrepreneurial mindset as a physician?  In this episode, I reveal how to think like a business owner, and revel in the  unexpected benefits that thinking like an entrepreneur unlocks. Want to save time, cut costs, and become the most in-demand physician in your market?  Listen now! Show Highlights Include: The ONE simple mindset shift that can help you think more like an entrepreneur and earn more by as soon as next week  (1:58) Why having an entrepreneurial mindset helps you better serve your patients (and helps you pay off your student debt in half the time) (3:45) How to position yourself as the #1 physician in your area and make patients line up around the block to see you (5:33) The counterintuitive reason why a lot of physicians end up becoming entrepreneurs without realizing (and how not using this fact to their advantage is costing them time, money & credibility) (6:24)

Picking the right disability coverage provider is a big deal. Why? Because they'll be your safety net when times get tough, and you'll be paying them for a long time. Make sure it's a wise investment. Join me in this episode as I reveal the top companies we recommend, along with what to watch out for. Plus, I'll share two more alternatives if you can't access the top four. Tune in now! Show Highlights Include: The Ultimate Disability Coverage: 4 Companies You Can't Afford to Overlook (Warning: Choosing Otherwise Could Cost You Thousands) (1:05) Choose this company if you expect to have an exception during the lifetime of your policy (Note: no other company will let you add changes to your policy) (1:54) Want the lower rates on your policy? Choose THIS! (This will save you a fortune on premiums over the years…) (2:15) Medical screenings are a concern? Can't pick among the 4 companies? Here are 2 more companies you can pick (3:55)

There's a proper process you need to follow if you want to set up your disability coverage the right way. And it's something most people miss when they self-insure… Join me in this episode as I guide you through the steps to get the cheapest disability coverage that protects you just as well as the expensive ones… Listen now! Show Highlights Include: The 4 best companies that offer true speciality own occupation disability coverage (Warning: if you don't pick from one of these you risk losing thousands of dollars in muddy contracts) (2:01) Why some cheaper contracts are just as good as expensive ones (and how to get one) (3:10)  The correct way to proceed with your coverage if you're ready (Note: follow this method to avoid unnecessary hassle that comes with the paperwork) (8:40) Why you should take action ASAP to get the affordable coverage (Waiting too long means you'll end up paying thousands more on premiums long-term) (11:51)