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Deadline for Graduating Residents Disability Insurance 2024

August 28, 2024
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What is the last date that graduating medical residents can purchase a policy in 2024?

The deadline is September 30, 2024.

There are several advantages of purchasing an individual disablity policy while still maintaining your medical resident status:

  • Discounts. Discounts range from 10-15%. Once there is a discount on the policy, it is permanent and applies to all future increases.
  • No labs necessary. If you apply while in residency, you do not need to complete a paramedical exam regardless of the amount of benefit you are applying for.
  • You can automatically purchase up to $7500/month without proof of income. If you have a contract for your new job, you may also apply for a larger benefit amount without labs.
  • GSI Guaranteed Standard Issue at select hospitals. This allows you to purchase a policy without any medical questions.

For more information about disability insurance for medical residents or to request a quote, contact Set for Life Insurance today!