A Few MinutesAbout theRest of Your Life

Your Career,Your Income,& Your Future

Material discussed is meant for general illustration and/or

informational purposes only and it is not to be construed as tax, legal, or

investment advice. Although the information has been gathered from

sources believed reliable, please note that individual situations can vary, therefore the information should be relied upon when coordinated with

individual professional advice.

The Guardian Life Insurance Company of America

7 Hanover SquareNew York, NY

8532-06-06

Disability income products underwritten and issued by Berkshire Life Insurance Company of America, Pittsfield, MA, a wholly owned stock subsidiary of The Guardian Life Insurance Company of America,

New York, NY or the Guardian Life Insurance Company of America, New York, NY.

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Investment in Your Career

Years of education & training

$$$,$$$

3

Professional & Financial Goals

Developing your specialty

Building your practice

Purchasing a home

Starting a family

Accumulating assets

4

Money and Planning

InsuranceAuto, Home, Liability,

Life, Health

StocksBonds

Real Estate

SavingsCDs, Money Markets, Short-Term Treasuries

GROWTH

SAVINGS

PROTECTION

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Money and Planning

InsuranceAuto, Home, Liability,

Life, Health

StocksBonds

Real Estate

SavingsCDs, Money Markets, Short-Term Treasuries

GROWTH

SAVINGS

PROTECTION

IncomeFOUNDATION

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Disability: A Risk You Cannot Overlook

A 35 year old is about three times more likely to become disabled before age 65 than of dying during the same period.

Medical advances mean that more survive, but live with disabling conditions.

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86.6% Illness

13.4% Injuries

You See It Every Day

What causes disability?

Source: U.S. Department of Education, National Institute on Disability and

Rehabilitation Research, 1996

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Income Protection:What are Your Options?

Group coverage through your employer

Association group coverage

Individual disability insurance

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Income Protection:The Important Questions

Can the insurer…cancel coverage?modify the terms of coverage? raise my premiums?

Am I protected in my specialty?

Can I get adequate coverage?

Can it be tailored to my needs?

Can I carry it with me?

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Group Disability Insurance Plans

Typical Group Plan

Basic protection: 60% of salary, subject to a cap

Coverage can be modified or cancelled

Costs are not guaranteed

You don’t own it

May not adequately protect you in your specialty

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Association Coverage

You purchase a set benefit

Insurer can modify or cancel coverage

Costs are not guaranteed

May not adequately protect you in your specialty

Limited optional benefits

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Individual Disability Insurance

Most generous level of benefits

Broad array of options

Policy individually owned

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The Best Policies

Non-cancellable & guaranteed renewable

True “own occupation” protection with specialty language

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Details to Consider

How long do I want to wait before benefits begin?

How long do I want benefits to last?

How much benefit can I get?

Am I protected if partially disabled?  

As my income rises, can I guarantee my right to increase coverage in the future?

Will my benefit keep pace with inflation when I’m disabled?

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Why Now?

You are young and healthy

Lock in low premiums

Guarantee your right to maximum coverage

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Special Issue Amounts for Medical Residents

Monthly benefit: $3,500

Future Increase Option: $6,500

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Next Steps