Scott and I discuss the Good Health Benefit that may be available on a disability insurance contract.
The Good Health Benefit is a credit to you for every year that you have no claims. You get a two-day credit off your waiting period, also known as the Elimination Period.
Thank you for listening!
Amber
NOTE: This podcast was transcribed by a free AI transcription tool called Otter. Please forgive any typos or errors.
Amber 0:00
Hello, and in today's Physician Edition Episode, we're covering the Good Health Benefit. This is an ancillary feature offered on one of the big six insurance contracts.
This will explain how it works and I hope you enjoy the good health benefit is a credit to you for every year that you have no claims you get a two-day credit off your waiting period, also known as the elimination period. So it's a nice little perk to have him sign a contract as well.
Scott 0:43
Absolutely. I find it very interesting that there's a big deal he became disabled next year in two days off a big deal. But if you're looking at one of our client's contracts 10 to 20 years from now when they're 48 to 50 to have a client that is now 50. It really does some good value because it just gets you quicker to the money.
Transcribed by https://otter.ai
Thank you again for joining me, Amber Stitt, in this episode of The Physician's Edition. I’ll see you next time, podcasters!