Disability Insurance | Guardian Announces Changes for Young Professional Limits

Jamie Announcements Leave a Comment

2015 Announcement: Guardian announces their new young professional limits: First-Year Physicians: General Practice Physicians (and non-invasive specialties not listed), Geneticists, Geriatricians and Psychiatrists (MD) $6000/month Allergists/Immunologists, Anesthesiologists, Anesthetists (MD or DO only), Dermatologists, Emergency Room Physicians, Endocrinologists, Family Practice Physicians, Gynecologists, Hematologists, Immunologists, Internists, Nephrologists, Neurologists, Obstetricians, Ophthalmologists, Pain Management Physicians, Pathologists, Pediatricians, Physiatrists (physical medicine, rehab), Plastic Surgeons, Pulmonologists, …

Share

Disability Insurance Updates The Standard

Jamie Announcements Leave a Comment

Standard Insurance has some updates as of the end of 2014. As of December 31, 2014, The Standard will no longer offer disability insurance to chiropractors.  The Standard will accept individual disability insurance applications for chiropractors if the applications are signed by December 31, 2014 and received at The Standard’s home office by January 9, 2015. As of December 31, 2014, the occupation class for dental hygienists …

Share

Physician Disability Insurance Rate Changes

Jamie Announcements Leave a Comment

Recently companies have made changes in the physician marketplace when it comes to pricing physician disability insurance. Based on claims history, some companies have reassessed how they classify certain specialties. By upgrading some specialties, they have reduced their pricing. Here are some of the medical specialties who have benefited from this recent change: Surgeons (except oral and orthopedic) Family Practice …

Share

Disability Insurance | When you miss a payment

Jamie Announcements Leave a Comment

What happens to your disability insurance policy when you miss a payment? Perhaps you moved and never received the bill or you changed banks without notifying the company. You have a 30 day grace period on all payments before the policy goes into pending lapse. Once you exceed the 30 day period, you may have the option to go through …

Share

Principal Financial Announces 6A Occupational Class

Jamie Announcements Leave a Comment

Principal Financial Group announced a new 6A occupational class for individual disability insurance and their retirement security products. The new 6A class provides preferred pricing, on average a reduction of 12% over their previous premiums. This new occupational class is not yet approved in all states The following occupations are eligible for Principal’s 6A occupational class; Actuary Architect Astronomer Attorney …

Share