As a resident or fellow, you likely understand the importance of financial protection for your future. One of the best ways to protect your income is through disability insurance. However, not all disability insurance policies are created equal. That's where the guaranteed standard issue (GSI) disability insurance comes in. In this article, we will explain what GSI disability insurance is, the advantages of Guardian's Provider Choice policy, and how to take advantage of the GSI programs available at top institutions across the country.
What is GSI disability insurance?
GSI disability insurance guarantees coverage to eligible individuals without the need for medical underwriting. In other words, as long as you meet certain eligibility criteria, you are guaranteed coverage regardless of any pre-existing health conditions. This can be particularly beneficial for physicians who may have health conditions that could make it more difficult to obtain traditional disability insurance.
Advantages of Guardian's Provider Choice Policy
Guardian's Provider Choice policy is one of the highest quality disability insurance policies available to physicians today. It offers several advantages over other policies, including:
Non-cancelable and guaranteed renewable coverage: Once you are approved for coverage, your policy cannot be canceled or changed as long as you continue to pay your premiums.
High monthly benefit amounts: You can choose a monthly benefit amount of up to $30,000, which can provide substantial financial protection in the event of a disability.
Coverage for partial disabilities: Provider Choice offers coverage for partial disabilities, which means you can receive benefits even if you are only partially disabled and able to work part-time.
True own-occupation coverage: Provider Choice offers true own-occupation coverage, which means you can receive benefits if you are unable to perform the duties of your specific medical specialty, even if you are able to work in a different field.
Additional riders: Provider Choice also offers several optional riders, including a cost of living adjustment rider, a student loan protection rider, and a retirement protection plus rider.
Guardian GSI Programs Available at Top Institutions
Guardian's GSI programs are available at several top institutions across the country, including The Mayo Clinic, UNC, Wake Forest, HSS, Temple, PCOM, Jefferson, Rowan, Cooper, Einstein, Tufts, University of Florida, University of South Florida, Prisma Health, Kaiser Permanente, Virginia Mason, University at Buffalo, Emory University, Mount Sinai, Cedars Sinai, Mount Sinai (FL), Wisconsin, Washington University at St. Louis, Iowa, University of New Mexico, Kentucky, Baystate Medical, University of Alabama at Birmingham, and UPMC.
These programs offer eligible individuals the opportunity to obtain Guardian's Provider Choice policy without the need for medical underwriting1. To take advantage of these programs, simply click on the hyperlink for the institution of your choice and follow the instructions provided on the program website.
It's important to note that in order to take advantage of a Guardian GSI offer, you cannot apply for disability insurance with another company first, Guardian must be your first application.
Coverage for Common Health Conditions
One of the benefits of GSI disability insurance is that it can provide coverage for common health conditions that may make it more difficult to obtain traditional disability insurance. For example, individuals with diabetes, obesity, anxiety, depression, high blood pressure, pregnancy, or a history of cancer may still be able to obtain coverage under a GSI program.
Design Your Own Disability Insurance Quote Online
Another advantage of Guardian's GSI programs is that eligible individuals can design their own disability insurance quote online. Simply click on the hyperlink for the institution of your choice and follow the instructions provided on the program website.
Exclusive Offers Only Available Through Participating Agents
It's important to note that these GSI programs are very exclusive offers only available through participating agents listed on each program's website. These agents are knowledgeable about the specific GSI program and can help guide you through the application process.
In addition, Guardian has a strong reputation for excellent customer service and claims handling. This can provide confidence knowing that you will be well taken care of in the event of a disability. Guardian has been a market leader in disability insurance for physicians for several decades, they have one of the most comprehensive policies available to medical professionals today.
In conclusion, as a resident or fellow, it's important to consider disability insurance as part of your financial planning. Guardian's Provider Choice policy offers several advantages over other policies and their GSI programs provide an opportunity to obtain coverage without the need for medical underwriting. Eligible individuals can design their own disability insurance quote online through the GSI programs available at top institutions across the country. Remember, Guardian must be your first application in order to take advantage of a GSI offer. Consider speaking with a participating agent listed on each program website to help guide you through the process and ensure that you have the coverage you need for your future.
1 For Eligible Applicants
* This article was generated originally using ChatGPT and edited by Steven Crawford.