3 Things Every BC Optometrist Should Know About Disability Insurance By Alphil Guilaran Executive Director, Financial Literacy Counsel What would you say if someone asked you, “What’s your most valuable asset?” As an Optometrist, you may say it’s your house, your practice, investment portfolio or maybe even your car. But the reality is, your most valuable asset is your ability to earn an income. While you likely have insurance to protect your house or car, do you have adequate insurance to replace your income, if the unexpected happens? Whether you are new to practice or an experienced Optometrist, having disability insurance is essential to protect the income you rely on. It is also an effective tool to protect the lifestyle you
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are building for you and your family. To gain some clarity on the topic, here are the three most important things every Optometrist should know about disability insurance: #1: Disability insurance goes to work when you can’t work. Disability insurance is a form of personal income replacement, in the event that you are unable to practice Optometry due to an accident or illness. If you have a mortgage or rent to pay, a student loan or children relying on your income, disability insurance is specifically designed to help pay for
