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Congratulations: Open Letter to the Class of 2015

Congratulations: Open Letter to the Class of 2015

To The Medical  School Class of 2015 It's Match Day and from all of us here at Income Protection Specialist we would like to Congratulate you the Medical  School Class of 2015 for making it to this point! Match Day is an exciting day, so soak in the experience and have the time of your life. We understand the personal and financial sacrifices you have made and today all of that hard work will pay off! Upward and onward to your future residency! Once Again Congratulations From the Whole Income Protection Specialist Team[...]
Get A Second Opinion

Get A Second Opinion

Your patients come to you expecting quality care and expert diagnosis.  Sometimes it is necessary to encourage them to get a second opinion to put their minds at ease and or to satisfy a health insurance provider.  Either way, patients are always better served when there are no questions left unanswered.  This Professional standard of care should also be provided when you go shopping for a disability policy.  You as the consumer expect professional advice along with the best possible policy to protect you properly in your medical specialty. However, this doesn't always happen. Insurance is a highly competitive field and we have our fair share of unprofessional agents.  Those who are simply in it for the numbers (income) and are not concerned with the best interest of their clients.  Customer service and building an ongoing relationship is not their primary concern.  As a consumer, you should be alert and do your homework and research.*  (*Please note when investigating its important[...]
Taking a vacation the old fashioned way

Taking a vacation the old fashioned way

Vacation ahh, just the word itself brings to mind rest, relaxation, rejuvenation and checking out even if only for a few hours.  Well it used too.  This was my goal when traveling over the holidays. I have to admit there have been a few pangs of guilt over the past several weeks.  Guilt of not being more active with our blogging, social media updates and simply not checking in at home.  I did mention only a few feelings of guilt though,  that is because my desire was to take a break from our daily grind and remember what it feels like to have a time out, a real vacation. No matter where we are in the world today it seems that we are almost required to maintain contact with family friends and business associates.  The age of technology has made an old-fashioned vacation seem like a relic. I remember the days (not too very long ago) when taking a vacation meant stepping out of our daily lives either by traveling to a different place, just escaping for a weekend, or taking a personal d[...]
529 College Savings Account -Not Just for Kids

529 College Savings Account -Not Just for Kids

As 2014 begins drawing to a close and we begin planning for the new year, let’s consider the opportunities to save on our taxes that are still available to us for this year.  I am speaking specifically of the 529 College savings plans. Around this time of year, we spend a great deal of time with our clients helping them to identify ways in which they can reduce their tax burden.  A common concept we share with them is the 529 plan, which if you are not aware happens to be a college education savings account. I'm sure many of you just asked yourselves "what does planning for college have to do with tax planning?" Most states give you and incentive to participate in these programs by way of giving tax deductions or tax credits for investing in your or your loved ones future. Your money grows tax free in these accounts and has no taxes or penalties when withdrawals are used on qualified university costs such as, tuition, room and board, books and miscellaneous expenses that accompany a[...]
No Pain But lots To Gain

No Pain But lots To Gain

Is fear of Needles, or possibly a physical exam holding you back from protecting yourself against a disability? Well you can stop worrying and start celebrating. Met Life Insurance Company, has recently released a new set of underwriting standards that will allow individuals (under the age of 50) with or without a phobia of needles to apply for disability insurance without the traditional medical requirements.  Met Life calls these new standards their "Simplified Underwriting Guidelines." In place of their old standard physical exam, Met Life is simply requiring applicants to complete a medical telephone interview with the company. This means no urine analysis or blood work, which obviously means no needles.  As always, there are some exceptions to these rules, but for the large part, you can now protect yourself and your most important asset, your income earning ability, painlessly. The new rules apply for any individual (under 50) applying for $6500 or less for professional disabi[...]