MedFin

Insurance Advisor

Protect your most valuable asset — your future earning potential.

4 insurance gaps identified

Estimated cost to fill all gaps: $220/month ($2,640/year)

Type
Priority
You Have
You Need
Cost
Own-Occupation Disability Insurance
Critical
None
$5,000/month benefit, own-occupation, specialty-specific
$150/mo
Term Life Insurance
Important
None
$1M, 20-30 year level term
$35/mo
Renters Insurance
Important
Likely none
$30,000 personal property, $100,000 liability
$15/mo
Umbrella Insurance
Nice to Have
None
$1M umbrella policy (more important as attending)
$20/mo

Own-Occupation Disability Insurance

Critical — $150/month

As a physician, your ability to earn is your most valuable asset. 25% of physicians will experience a disability during their career. Own-occupation coverage protects your specialty-specific income.

Term Life Insurance

Important — $35/month

Even without dependents, locking in a policy while young and healthy gets you the lowest premiums. Your future family will thank you.

Renters Insurance

Important — $15/month

Protects your belongings and provides liability coverage. Very inexpensive and often required by landlords in NYC.

Umbrella Insurance

Nice to Have — $20/month

Provides extra liability protection beyond your other policies. More important once you have attending-level assets, but affordable to start now.

Why This Matters for Anesthesiologists

25%

of physicians will experience a disability before retirement

$8M+

lifetime earning potential at risk without disability coverage

40%

cheaper premiums when purchased during residency vs. attending

Recommended Carriers

Guardian

Disability

Top pick for own-occ policies. Strong resident discounts.

MassMutual

Disability

Excellent own-occupation definition. Competitive rates.

Principal

Disability

Good rider options. Strong in anesthesiology.

Haven Life

Life

Affordable online term life. Quick application process.

Ladder

Life

Flexible term life. Easy to adjust coverage.

Lemonade

Renters

Fast, affordable renters insurance. Great app.

These are informational recommendations, not endorsements. Always compare quotes and read policy details carefully.