Disability Insurance for Anesthesiologists in New Jersey
According to Medscape's 2022 Physician Compensation Report, the average Anesthesiologist in the Newark, New Jersey - Jersey City, New Jersey - Paterson, New Jersey area with 1-7 years experience earns $339,329 per year. Over the next 25 years with 3% annual increases, that pencils out to $12,371,686 in total career earnings, assuming he/she remains healthy enough to receive it. That's a lot to leave to chance; and that's why disability insurance is so important.
Considerations for Anesthesiologists
The best disability income insurance for anesthesiologists depends on the priorities. Group programs are low cost and easy to acquire, but individual programs have stronger guarantees and features. Your qualifications determine what guarantees and features are available to you, and at what cost.
Cost reduction options will follow your submission of the intake form due to the complexity of underwriting guidelines.
A policy configured to pay a benefit of $10,000 per month from day 91 to age 65, with a True Own Occupation definition of disability, might cost as follows:
Male age 25: $188.64 per month, level to age 65
Male age 26: $198.66 per month, level to age 65
Male age 27: $209.55 per month, level to age 65
Male age 28: $221.33 per month, level to age 65
Male age 29: $229.18 per month, level to age 65
Male age 30: $237.82 per month, level to age 65
Male age 31: $246.38 per month, level to age 65
Male age 32: $255.40 per month, level to age 65
Male age 33: $264.87 per month, level to age 65
Male age 34: $274.40 per month, level to age 65
Male age 35: $286.71 per month, level to age 65
Male age 36: $299.26 per month, level to age 65
Male age 37: $312.67 per month, level to age 65
Male age 38: $326.77 per month, level to age 65
Male age 39: $339.90 per month, level to age 65
Male age 40: $353.99 per month, level to age 65
Male age 41: $368.07 per month, level to age 65
Male age 42: $384.32 per month, level to age 65
Male age 43: $400.60 per month, level to age 65
Male age 44: $415.94 per month, level to age 65
Male age 45: $431.99 per month, level to age 65
Male age 46: $449.04 per month, level to age 65
Male age 47: $466.66 per month, level to age 65
Male age 48: $482.26 per month, level to age 65
Male age 49: $497.77 per month, level to age 65
Male age 50: $512.11 per month, level to age 65
Male age 51: $524.92 per month, level to age 65
Male age 52: $535.42 per month, level to age 65
Male age 53: $543.03 per month, level to age 65
Male age 54: $547.84 per month, level to age 65
Male age 55: $550.63 per month, level to age 65
Male age 56: $553.33 per month, level to age 65
Male age 57: $556.12 per month, level to age 65
Male age 58: $558.92 per month, level to age 65
Male age 59: $561.71 per month, level to age 65
Male age 60: $564.50 per month, level to age 65
Female age 25: $365.26 per month, level to age 65
Female age 26: $384.94 per month, level to age 65
Female age 27: $404.95 per month, level to age 65
Female age 28: $425.48 per month, level to age 65
Female age 29: $440.32 per month, level to age 65
Female age 30: $455.41 per month, level to age 65
Female age 31: $471.04 per month, level to age 65
Female age 32: $486.40 per month, level to age 65
Female age 33: $502.30 per month, level to age 65
Female age 34: $515.66 per month, level to age 65
Female age 35: $528.87 per month, level to age 65
Female age 36: $549.24 per month, level to age 65
Female age 37: $568.05 per month, level to age 65
Female age 38: $587.18 per month, level to age 65
Female age 39: $604.17 per month, level to age 65
Female age 40: $621.10 per month, level to age 65
Female age 41: $635.11 per month, level to age 65
Female age 42: $648.18 per month, level to age 65
Female age 43: $660.13 per month, level to age 65
Female age 44: $670.76 per month, level to age 65
Female age 45: $682.32 per month, level to age 65
Female age 46: $699.36 per month, level to age 65
Female age 47: $717.78 per month, level to age 65
Female age 48: $734.30 per month, level to age 65
Female age 49: $751.41 per month, level to age 65
Female age 50: $769.14 per month, level to age 65
Female age 51: $788.49 per month, level to age 65
Female age 52: $807.17 per month, level to age 65
Female age 53: $824.12 per month, level to age 65
Female age 54: $836.45 per month, level to age 65
Female age 55: $842.80 per month, level to age 65
Female age 56: $847.04 per month, level to age 65
Female age 57: $851.28 per month, level to age 65
Female age 58: $855.52 per month, level to age 65
Female age 59: $859.85 per month, level to age 65
Female age 60: $864.09 per month, level to age 65
In this example, the policy form is ICC22-800 issued by Principal Financial Group, assuming no adverse health ratings, non-nicotine, with a 2 year special limit on psych/substance claims. This is a generic example, not a quote. To find out your actual cost - and what you qualify for - you must apply so that the insurer may underwrite for your individually specific risk factors. Each insurer has their own information practices disclosure, but the areas of interest are generally regarding occupation, employment, financial, lifestyle and medical history.
Cost reduction options will be discussed after your submitted intake form has been reviewed.
Request customized proposals or get the application process started using this intake form. The process will be explained as you go along and most questions are optional for now.
If you have a quick question, just call Rip directly or send a note
This is an insurance solicitation per regulations issued by the New Jersey Department of Banking & Insurance PO Box 325 Trenton, NJ 08625 609-292-7272 #https://www.state.nj.us/dobi/index.html# ;insurance license # 1576772 (Rip Curtis)
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Availability is subject to underwriting and state approval.