Life Insurance
Learn More About Our Insurance Options
Protection with your Family in Mind
Disability and Life Insurance are two of the cornerstones when it comes to protecting your family’s future. JTS takes a new approach to educating individuals in the world of policy: Instead of a jargon-filled sales pitch, we have an experience-based conversation to help you understand what you need and what you don’t.
We walk you through what products would be best for you based on your specific situation; if and how your current coverage can be improved upon; and how to ensure protection of your most important asset, your income earning ability.
Current Coverage Review
Competitive Quotes From Top Carriers
Simplified Underwriting
How It Works
Tell Us About Yourself
Answer a short eight question survey with basic information about you. Your information is not sold to any other company.
We Shop The Market For Your Best Options
Using the information you provided, our team does the legwork for you by finding the best available choices among multiple insurance companies.
Pick Your New Insurance Policy
Before you purchase your policy, our team is available to walk you through your choices and answer any questions you have along the way.
Disability Insurance
This is a foundational piece of your financial protection, so we’ll talk about it from an experience-based perspective and create a custom plan built for you and your family.
Highlights
- Income protection (Present) – your income funds every aspect of your life
- Income Protection (Future) – protecting what’s to come
- Debt Repayment – from student loans to your mortgage, it can help with them all
- Retirement Protection – Replaces retirement contributions you normally would have made
Life Insurance
Not all life insurance is the same, nor should it be. We’ll help you understand the different options available, how those options can benefit you and why you should consider life insurance.
Reasons to Consider:
- You love your family! (Protect what matters most)
- Student Loans – they aren’t going to pay themselves if you’re gone
- Permanent protection options for the long haul of your career
- Potential for building cash value
Try Our Life Insurance Calculator
Use our online calculator to get a better idea of how much life insurance you might need based on your current situation.
FAQs & Terms
Most group disability plans are not portable, meaning you cannot take the same death benefit and premium with you if you leave your group. Even staying with your group until retirement, those plans most likely don’t go with you after retirement. It’s recommended having some combination of individual/group life insurance.
We, through experience, fully understand the financial life of a resident and medical student, which is why we have customized plans designed specifically for your situation. Something to get you started that provides ample coverage without the high costs
Now is the perfect time to get a disability plan as a young and healthy person. This is the time that your rate will be the lowest and qualification the easiest. If you wait until your health situation changes, it could be too late in that you can no longer practice medicine and don’t have the disability in place or you can no longer qualify. Pre-existing conditions on individual disability do affect your qualification.
Most importantly, disability is designed to replace income which pays debt, so yes. However, there are a couple premier carriers who have riders that pay you an additional amount (over your base disability benefit) designed to help pay down your debt.
Most group disability plans are not portable, meaning you cannot take the same plan at the same premium and benefit if you leave your group. Everyone’s situation is different, but it’s wise for physicians <55 years old to have a baseline individual disability with the appropriate riders should changes arise.
This benefit provides you the option to increase your disability benefit when your income increases WITHOUT having to undergo any underwriting. All you have to do is validate your new income level.
If the insured cannot perform the specific duties of their own occupation, the total disability benefit is paid EVEN IF they can work in another/different occupation.
An option for payment that allows the insured to pay a lower initial premium that gradually increases each year. This payment method is not offered by all carriers nor is it recommended for all insureds. Clients who opt for a graded premium option may convert to a level premium on any policy anniversary through age 50.
A permanent life insurance policy designed to cover immediate expenses related to the policyholder’s death, such as the cost of the funeral or medical bills. These are typically guarantee issue, never expire, and are level premium.
A type of permanent life insurance where the policyholder can adjust the premiums if his or her financial situation changes. Universal life has a cash value that can earn interest and be used to pay the policy premiums.
A type of permanent life insurance that has a tax-deferred savings component. Whole life policies are typically 6-10 times more expensive than term life insurance policies.
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