Petersen International Underwriters has unveiled a new disability insurance program designed specifically for military doctors and dentists. Petersen International Underwriters has found that military professionals are vastly underinsured due to the fact that they are normally paid a bonus income as an incentive to remain in the armed services.
“When a military person becomes disabled the government pays a benefit based on “rank pay” only, and this does not include any bonus income,” explained Mark Petersen, vice president of Mmrketing. “Nor does it include any income earned from moonlighting, let alone anticipate the loss of future high income once that person leaves the service and ventures into private practice,” Petersen continued.
The Military Professional Disability Insurance plan allows for the additional income and loss of future earnings to be insured.
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