Disability Insurance for Veterinarians Buying a Practice

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Veterinarians purchasing a practice with a bank loan may be required to purchase disability insurance before the bank will release the loan. The policy will pay a monthly payment to pay for the duration of the loan. For example, if you have a 10 year loan period and become disabled in year 3, the policy will pay benefits for the …

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Principal Disability Insurance Changes

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Principal Financial Group Sales professionals, financial and investment professionals are now classified based on their income and years earning a certain income. This change moves these people from a 3A to a 5A occupation classifications. ¬†This results in a significant reduction in premium. A higher 3A occupation class is available for several occupations in the transportation, hospitality and publishing/media industries. …

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Optometrist Disability Insurance: Choosing Set for Life

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Word is spreading around the optometry community and optometrists are reaching out to Set for Life Insurance for their disability insurance needs. Set for Life Insurance specializes in helping individuals and business owners with their disability, life and long term care insurance. Optometrists work as both practitioners and in some cases as business owners. Set for Life is equipped to …

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Disability Insurance for Physicians and Dentists to Cover a Business Loan

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Physicians and dentists often need to take out a business loan to purchase a practice. The loan typically ranges from $300,000 to $500,000. A lot of banks will not issue the loan unless there is a disability insurance policy in place to cover the loan in case the physician or dentist becomes disabled and cannot pay the loan. A lot …

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