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KF Financial works with all types of professionals, from physicians to architects and engineers. The appropriate type of policy for you will be based on your occupational class. We have listed several occupations below. If yours is not listed, please contact us and we will let you know if there is a policy available for you.
Regardless of current earnings, special limits are available for the following new professionals, and medical and dental students:
- First Year Physicians: $5000/mo.
- Medical Residents: $4000/mo.
- Interns: $3500/mo.
- Third and Fourth Year Medical Students: $2100/mo.
- First Year Dentist: $3500/mo.
- Dental Residents: $2500/mo.
- Senior Dental Students: $2100/mo.
- First Year Architect: $3000/mo.
- Law Students $1000/mo.
- First Year Attorney: $3000/mo.
- First Year CPA: $3000/mo.
- First Year Degreed Engineer: $3000/mo.
- First Year Optometrist: $2000/mo.
- First Year Pharmacist: $2000/mo.
- Senior Veterinarian Student $2000
- First Year Veterinarian: $2500/mo.
- Senior MBA student $1000
Here is a list of some of the types of professional occupations we can offer coverage for.
- Accountants
- Actors
- Actuaries
- Acupuncturists
- Adjusters
- Advertising:
- Executives
- Copywriters
- Account Executives
- Agents
- Air conditioning engineers and installers
- Airport Personnel
- Anesthesiologist
- Antique Dealers
- Appraisers
- Architects
- Artists (commercial)
- Assessors
- Attorneys, paralegals
- Auctioneers
- Auditors
- Automobile Salespeople
- Bank Tellers & Clerks
- Biochemists-Botanists
- Bookkeepers
- Brokers: Real Estate, Stocks & Bonds
- Building or Apartment House Owners or Managers
- Business Machine Salespeople & Managers
- Butchers
- Cabinet Makers
- Cantors
- Carpenters
- Cashiers
- Chemists
- Chiropractors
- Claims Adjusters
- Clergymen
- Clerks
- Clothing Manufacturers
- Comptrollers
- Computer Industry:
- Owners, Proprietors
- Systems Engineers
- Computer Analysts
- Consultants
- Librarians
- Programmers
- Sales People
- Repair People/ Installation
- Construction Industry:
- Owners
- Contractors
- Consultants
- Couriers
- Court Reporters
- Curators
- Decorators
- Dentistry:
- Dentists
- Hygienists
- Orthodontists
- Periodontist
- Prosthodontists
- Designers
- Dieticians
- Doctors
- Draftsmen
- Dry Cleaning Managers
- Editors: Magazines & Newspapers
- Electrical Industry:
- Embalmers
- Employment Agency—Owners and Managers
- EMT's
- Engineers
- Entomologists
- Executives
- Expediters
- Exporters
- Fire Arms
- Florists
- Funeral Directors
- Furniture Designers
- Geologists
- Heating Dealers & Salespeople
- Hospital Administrators
- Hotel Managers, Owners, Clerks
- Insurance Adjusters & Agents
- Jewelry Store Owners
- Judges
- Lab Workers
- Lawyers
- Librarians
- Literary Agents
- Lithographers
- Locksmiths
- Lumber Industry Proprietors
- Machine Shop Owners
- Manufacturing:
- Engineers
- Executives
- Designers
- Marine Industry:
- Market Research:
- Mechanics
- Medical Laboratories
- Merchants
- Meteorologists
- Midwives
- Miners
- Mortgage Bankers/Brokers
- Movie Theaters
- Moving & Storage Industry Executives
- Musicians (full-time)
- Newspaper Industry:
- Advertising
- Photographers
- Reporters
- Nurses
- Optometrists
- Paramedics
- Pharmacists
- Photographers
- Physicians
- Physician Assistants
- Physicists
- Plumbers
- Podiatrists
- Printing Industry
- Programmers
- Psychiatrists
- Publicity Agents
- Publishers
- Purchasing Agents
- Radio, Television, Motion Pictures, Stage Theater:
- Actors
- Announcers
- Producers
- Directors
- Radiologist
- Real Estate Agents
- Restaurant:
- Salespeople
- Sports:
- Statisticians
- Surgeons
- Surveyors
- Tailors
- Taxicab Company Owners or Managers
- Teachers
- Textile Industry Superintendents and Foremen
- Travel Agencies
- Transportation Industry:
- Undertakers
- Upholsters
- Veterinarians: Small and Large Animals
- Zoologists
If your occupation was not listed, please contact KF Financial, and we can let you know if we can find coverage for you.
If you work for an employer, you may be offered a group policy. Usually, you cannot opt out of taking the policy. Group policies typically offer a limited monthly benefit (60 percent of your income to a maximum amount). Because group policies can't discriminate regarding whom they are offering coverage to, they often lack the important provisions of a personal policy.
- Your group policy may require you to be totally disabled and not able to work in any capacity before you can receive any benefit.
- The benefit may be taxable income to you if the employer is paying the premiums.
- Your employer may cancel your policy at any time.
- Even if you have a group policy, it is still important to consider supplementing with an individual policy.
- Your individual policy is portable and you may take it with you if/when you leave your employer.
- The policy definitions on an individual policy are usually superior (own-occupation, inflation protection).
- If you are only partially disabled, your group policy may not pay you.
- Having an individual policy protects your insurability by purchasing increase options. If your health changes, you may still purchase more coverage in the future based only on financial underwriting.
Disability insurance is an investment. If you are concerned about affordability, there are several things we can do to reduce your premium.
- Some companies allow a "graded" or increasing premium. This is initially less expensive and your premium will increase each year. If you wish to lock it in at a later time, you may do so on any policy anniversary.
- You may choose to simply supplement what your group policy already offers and load up your policy with increase options. This will allow you to keep your premium low during residency and still reserve the right to increase it in the future without any medical underwriting.
If you own or are purchasing your business or are an owner of a business, you should consider disability insurance to cover your business expenses.
These policies include Professional Overhead Expense insurance, Disability Buyout, and Reducing Term Disability Insurance. You may also consider implementing a Group Disability Policy for your employees.
For more information about these policies, see Business Owners page.
The minimum policy size for new disability insurance is $1000/month unless you are exercising an increase option.
The minimum income requirement is $18,000 in annual earnings.
If your net worth is greater than $6 million, we may not be able to offer coverage.
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