Own Occupation Disability Insurance
For Your Specialty - Oncologist

Cardiology

Job Description

Provides care and coordinates with interdisciplinary teams to produce a course of treatment for cancer patients such as chemotherapy, medications and hormonal therapy.

Duties

Patient consultations, laboratory testing, treatment protocols, patient monitoring, patient and family communication and education, quality of life assessments, patient advocacy, pain management.

Training

  • 4-year bachelor’s degree
  • 4-year medical degree
  • 4-year residency
  • Oncology fellowship
  • State licensure

Average
Annual Salary
$450,000

Career
Earning Potential*
$16,198,211

Example is based on career averages for medical specialty listed above.
*Career After Tax income is based on an individual at the age of 35 and retiring at the age of 70 with 2% inflation pay increases assuming a total state/federal income tax of 28%.

Common Disabilities:

  • Arthritis
  • Bone fractures
  • Tendinitis
  • Degenerative disc disease
  • Ruptured disc
  • Cancer

Alternative Non-Clinical Career Fields

  • Medical Research and Development: Medical Science Liaison
  • Digital Health: Clinical Informatics, Telemedicine Physician
  • Consultant/SME: Medical Expert Witness, Independent Medical Evaluator, Utilization Reviewer, Physician Life Care Planning (legal) Consultant
  • Hospital Administration: Hospital Executive Director, Medical Director, Physician Reviewer
  • Education: Professor of Medicine, Medical Education Specialist, Continuing Education Manager, Physician Career Coach
  • Writing: scientific manuscripts, CME and test prep materials, medical journalism

Common Causes of Disability*

1 in 4 Are Disabled Before Age 65**

*Common Causes of Disability provided by the Council for Disability Awareness
**Odds of disability provided through the Council for Disability Awareness

Own Specialty Disability Insurance free from limitations that prevent you from earning an income in your occupation but perhaps in a different capacity or in another occupation entirely.

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How True Own Occupation Insurance Benefits You

You invested over 12 years of your life and six figures to practice medicine as an Oncologist. Experts estimate that one in four medical specialists will experience a disability at some point during their career.

According to Medscape, medical specialists need to invest at least 2% of their annual income in disability insurance to protect their income. Those who purchase stand-alone policies from their employer and later suffer an injury or illness discover that the coverage they thought they were getting isn’t enough.

Uninsured physicians discover they are ineligible for coverage altogether as insurance companies will consider their injury or illness a pre-existing condition.

True Own Specialty disability insurance from InsuranceMD will replace your full income tax-free whether you choose a career in another field or decide to continue to practice medicine.

Choose a True Own Specialty disability plan from among seven of the best insurance carriers in the country.

Get An "Own" Occupation Disability Insurance" Quote For Oncologist

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