Posts Tagged ‘disability insurance; medical residents’

Disability Insurance Discounts at NYU Medical Center

Set for Life Insurance offers disability insurance discounts at New York University (NYU) Medical Center.

These special discounts are available for physicians, medical residents, dentists, medical fellows, dental students, dental residents, CRNAs, physician assistants, nurses and employees who are affiliated with New York University (NYU) Medical Center. These affiliates include:

  • ·         Bellevue Hospital Center
  • ·         NYU Langone Medical Center
  • ·         Tisch Hospital
  • ·         NYU Hospital for Joint Diseases
  • ·         Lenox Hill Hospital
  • ·         Woodhull Hospital Medical Center

The discounts provide unisex rates as well as an employer sponsored discount. For women, the discounts are approximately 55% off the identical, non-discounted policy. For men, the discount translates to 20% off the non-discounted policy. The discounts are parmanent and apply to all future purchases.

Policy provisions include:

  • ·         Own occupation definition of disability covering you if you can’t work in your medical specialty.
  • ·         Permanent discounts that apply to future increases.
  • ·         Premiums are guaranteed to age 65.
  • ·         A+ Rated company.
  • ·         No exclusions or limitations.
  • ·         Ability to increase the policy to $15,000/month benefit without further medical underwriting.

To qualify for the discounts, applications need to be submitted through Set for Life while currently employed at NYU Medical Center or an affiliated hospital.

For more information about disability insurance discounts at New York University (NYU) Medical Center or to request a personalized quote comparison, please contact the Set for Life office today!

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Set for Life Offers Disability Insurance Discounts at Swedish Covenant Hospital in Chicago

Set for Life is proud to offer disability insurance discounts at Swedish Covenant Hospital in Chicago. These discounts apply to all physicians, nurses, dentists, medical residents, physician assistants and employees.  Discounts are significant and depending on gender can provide between 20 and 55%. Discounts are steeper for women as these rates are unisex and sex distinct rates are 40% more. (more…)

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Disability Insurance Discounts Available for Physician Assistants Nationwide

Set for Life Insurance is proud to offer discounts on disability insurance for physcian assistants in all 50 states.

As a physician assistant, it is important to protect your income with a policy that will cover you if you can’t work in your field of specialty as a physician assistant, even if you are able to work in another specialty or other occupation.

Set for Life has the largest portfolio of disability insurance discounts in the country. When requesting a quote, be sure to list the name of your employer as we may have additional discounts available.

For more information about disability insurance discounts for physician assistants or to request a quote, please visit Set for Life Insurance today!

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What Happens to a Disability Insurance Policy When a Physician is Not Practicing Medicine and Becomes Disabled?

When physicians purchase individual disability insurance, typically they request that their policy cover them in their own occupation. This would cover them in their medical specialty if they could no longer perform those duties. Additionally, they would continue to receive benefits if they are working in another specialty or occupation.

But what happens when a physician is no longer working as a physician when they become disabled?

“Own occupation policies are designed to cover individuals in the capacity that they were working in just prior to their claim, “ said Jamie Fleischner, CLU, President of Set for Life Insurance. “If a former emergency physician now runs an urgent care clinic, they would be considered disabled if they couldn’t run that clinic. If they were injured and couldn’t practice emergency medicine but could run the clinic, they would not be considered disabled under an own occupation policy since they weren’t working as an emergency physician at the time of claim.

Additionally, if a physician changed specialties, it would cover them in the specialty they were practicing in at the time of claim. For instance, if a physician purchased their policy while doing internal medicine but later do a fellowship in interventional cardiology, an own occupation policy would cover them as an interventional cardiologist.

It is important to read the policy carefully. Each company has slightly different language and names for these riders.

For more information about own occupation individual disability insurance, contact Set for Life Insurance today!

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Disability Insurance for Physicians for Less

Disability Insurance for Physicians for Less

Set for Life Insurance is proud to hold the nation’s largest portfolio of disability insurance discounts available to physicians, medical residents, dentists, nurse anesthetists, physician assistants and fellows.

To obtain the discount, you must submit the application through Set for Life while employed at the discounted hospital or while a member of the association. (more…)

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