Disability Insurance

its like all insurance... you don't really see the need of it until you actually need it. said another way, insurance is for "just in case."

i'm still a resident, but i pay for disability insurance now... just in case.

also, paying for it now should, theoretically at least, garner a better rate as you or i get older. add to that, as your salary goes up, the amount of disability that you would receive goes up - it is my understanding, as a general rule, that disability would pay you 60% of your previous year(s) earning. so, 60% of 40-50k (resident's salary) isn't as good as 60% of 140k.

you nor i know what the future holds. but, given a real possibility of anything happening, it'd be nice to know that there'd be some source of income. God forbid anything happen, but you never know.