IMPORTANT DISABILITY INSURANCE PROVISIONS FOR PHYSICIANS
- A Definition of Disability - Just for Physicians!
- Not Available Anywhere Else In The Industry.
- This program allows you to protect your income if you become disabled, even if you have pre-existing conditions that would usually prevent you from obtaining coverage. In addition, the policy is a personally owned individual disability insurance policy that is portable.
WHY YOU SHOULD CONSIDER APPLYING WITH GUARDIAN FIRST
Should you apply with another company before Guardian, it could prevent you from being eligible for Guardian's Guaranteed Standard Issue (GSI) offer. Obtaining personal disability insurance without any pre-existing condition exclusion or rating is difficult without a GSI offer. Should you apply with another company first, and that application results in an exclusion rider, extra rating, or decline, you would not be eligible for the Guardian GSI offer.
COMMON CONDITIONS THAT RESULT IN EXCLUSIONS, RATINGS, OR DECLINES
- Stress, Anxiety, or Depression
- Build / BMI
- Chiropractic History
- Pregnancy
- Diabetes
- Cancer History
ADDITIONAL BENEFITS TO GUARANTEED ISSUE DISABILITY INSURANCE
- In addition to pre-existing medical conditions, Special GSI policies can be issued without consideration of potentially dangerous avocational activities such as rock climbing, motor sports, scuba diving, skydiving, and martial arts.
- Height and Weight (build) are not taken into consideration.
- Optional Catastrophic Disability Benefits (CAT) and Student Loan Riders (SLR) are available.
- This unique benefit is available to individuals who have not been declined or given a modified offer of individual disability insurance through a carrier other than Guardian more than nine months after their hire date or in the past five years, whichever is shorter.
A DEFINITION JUST FOR PHYSICIANS
Some of the strongest, most flexible protection a physician can get — this is not available anywhere else in the industry!
Our enhanced definition starts with our strong True Own-Occupation Definition of Total Disability. If totally disabled, it gives a physician the flexibility to be gainfully employed, sometimes even in their own practice, and still receive total disability benefits. Then, we add a straightforward, easy-to-understand formula to qualify for benefits. It’s based on your earnings source and provides more ways to qualify for total disability benefits.
We’ll consider you totally disabled if more than 50% of your income is from:
- Hands-on patient care and, solely because of injury or illness, you can no longer perform hands-on patient care or
- Performing surgical procedures and, solely because of injury or illness, you can no longer perform surgical procedures.
If you have limited your occupation to the performance of the material and substantial duties of a single medical specialty, we will deem that specialty to be your occupation. If you don’t qualify for benefits under the source-of-earnings formula above, then we’ll look at your key duties, including those you were performing in your medical specialty at the time your disability began, to assess whether you qualify.
OTHER HOSPITALS WITH GUARDIAN GSI DISABILITY INSURANCE OFFERS
Guardian is one of the premier disability insurance companies for physicians nationwide. There are Guardian GSI disability insurance offers for Residents and Fellows training at Mainline Health and 50+ other premier hospitals nationwide.
Contact Information
I am excited to guide you through your GSI application process. I strongly recommend we connect for a quick 15-minute phone call to discuss this quote and your options. Please click here to schedule a time to chat with me or call our office directly at (610) 658-3251.
