Your source for the latest health, disability and Insurance news and tips

What dentists need to consider when getting disability insurance

Recently, we talked about why it’s important for physicians who specialize in a particular field of medicine to make sure that their disability insurance covers their particular specialty. Dentists also need to be conscientious when getting a disability insurance policy for themselves.

An important factor to look at is how own-occupation or “own-occ” is defined when it comes to total disability. There are several definitions, depending on how the policy is written.

The best or “pure” one allows full benefits to be paid even when people are unable to work in a profession they were in at the time they filed a claim. Obviously, this is the most expensive option.

However, there are modified definitions of “own-occ.” With these policies, benefits are paid for a period of time — generally two to five years — when people are unable to perform the duties of their occupation. After that, it pays if the person is not “gainfully employed elsewhere.” The policyholder can decide whether he/she will work or not.

Another modified definition of “own-occ” pays if someone is “unable to work elsewhere” because they lack the experience, training or education to do so. This gives the insurer more control than the previous definition because they can challenge a person’s inability to work for those reasons.

A dentist obviously has to be able to perform certain functions in order to practice dentistry. Therefore, it’s essential that people in this profession look carefully at the terms of any disability insurance policy they consider to make sure that they and their families will receive some percentage of the income they are used to should the dentist be unable to practice.

An insurance professional can help explain all of the potential ramifications of each type of policy. If you do run into problems collecting on a policy, it may be helpful to find out what your legal options are.

Source: Dentistry IQ, “When doesn’t the own-occupation definition of total disability work? What dentists need to know,” Larry Schneider, Aug. 31, 2015

Our Promise To Our Clients:

  • FREE: Consultations and Insurance Case Evaluations Are Always Free
  • UNDERSTANDING: We understand how you feel. Our clients are often at the very bottom of their life, feeling emotionally, physically, and financially exhausted.
  • PASSIONATE PEOPLE: Our expert Attorneys and Dedicated Staff Love The Work We Do. We are Compassionate, Caring, and Results Driven.
  • UNPARALLELED RESOURCES: We will not be bullied or outspent by billion-dollar insurance companies or their army of lawyers. 
  • RESPECTED: We have fought and won the respect of every disability and Long-term care insurance carrier for our policyholders.
  • RESULTS: Frank Darras and his firms have recovered nearly a $1 billion dollars in wrongfully denied insurance benefits to date, and we put that proven track record to work for you and your family.

DarrasLaw is Americas' most honored and decorated disability litigation firm in the country. Mr. Darras has seen more, evaluated more, litigated more, and resolved more individual and group long term disability and long-term care cases than any other lawyer in the United States.

Request a Free, Confidential Case Review.
Skip to content