Disability Insurance for Internal Medicine Residents

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As an internal medicine resident,  it is important to protect your future earnings.  Internal medicine residents qualify for the most favorable occupational class with most companies. If you are planning to move onto a riskier specialty such as interventional cardiology, it is in your best interest to purchase your policy while still practicing internal medicine. This can save you approximately 20%. Keep in mind, the policy will still cover you in your subspecialty even though you purchased your policy while doing internal medicine.

When shopping for disability insurance, look for a policy that will cover you in your medical specialty. This is referred to as own occupation or specialty specific definition of disability. Different companies have different titles for these definitions so it is important to read proposal carefully.

Set for Life Insurance has discounts available for physicians and medical fellows and residents throughout the country. This can help save you between 15% (for men) and 55% (for women). These rates are unisex (female rates are approximately 40% more than male) and have employer sponsored discounts. If you purchase the policy while still employed at the discounted hospital, the discount is permanent and applies to all future increases.

When requesting a quote, be sure to mention the name of your hospital.

Here are some of the hospitals around the country where we have available discounts:

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