Questions
Straight answers for optometrists.
How the program works, what each policy pays, and what to expect when you ask for a quote.
01
The program
Who is this program for?
Optometrists. Individual disability coverage protects your personal income, whether you own a practice or work as an associate. Practice owners can add overhead coverage as an option.
Is the program available in my state?
Yes. The program is available in all 50 states.
What makes this program different?
It is offered only to optometrists, and optometrists in the program get preferred pricing.
02
Overhead expense
What is business overhead expense insurance?
It is coverage that helps pay a practice's fixed expenses if the owner can't work due to illness or injury. It pays the business, not you.
What does the overhead benefit pay?
It helps pay eligible fixed expenses, such as rent, staff salaries, equipment leases and utilities. Your policy lists exactly which expenses qualify.
How long does the overhead benefit last?
It depends on the policy. Your agent shows you the benefit period before you apply.
Does overhead insurance pay my salary?
No. It pays eligible practice expenses. Individual disability insurance is the policy that replaces part of your own income.
03
Disability insurance
Does disability insurance pay if I lose my job?
No. Disability insurance pays when an illness or injury keeps you from working. It does not pay for job loss.
How much of my income can I insure?
Carriers set limits based on your income, so a policy replaces a share of it, not all of it. Your agent shows you the most you qualify for.
Do I need this if my employer offers group coverage?
Group coverage helps, but it often has lower limits and may end when you leave the job. An individual policy stays with you. Many optometrists carry both.
What is an own-occupation definition?
It defines disability as being unable to do the main duties of your own occupation. With a true own-occupation definition, a policy can pay if you can't work in your own occupation, even if you could do other work.
04
Quotes and applying
Do I answer health questions to get a quote?
No. The quote form asks about you and what you need, plus your date of birth and sex for rate quotes.
Who will contact me after I ask for a quote?
A licensed insurance agent. You can meet your agent here.
Can I get life insurance too?
Yes. We shop established insurance companies for whole and term life and quote it alongside your disability coverage. Life insurance is offered separately from the optometrist program. See life insurance.