Disability Insurance for Graduating Veterinarians
Apr 16, 2023
Jamie Fleischner

Jamie Fleischner

16 Apr, 2023

Why graduating Veterinarians should  purchase disability insurance prior to graduation.

Graduating veterinarians in their first year of practice may purchase up to $3000/month of individual disability insurance regardless of income or group disability insurance in force at DISCOUNTED RATES.

What to look for in a disability policy for Veterinarians:

  • Specialty specific language. Also known as “own occupation.” This means the policy will pay you benefits if you cannot work in your occupation, even if you can work in another specialty or occupation.
  • Non cancelable, guaranteed renewable .This means that once you have your policy, the company can never raise your rates or modify your policy. Most association plans do not have this feature, leaving the premiums precarious to large premium increases in the future.
  • Increase Options. This will allow you to increase your benefits up to $20,000/month in the future without any medical questions.

There are several advantages for pharmacists to purchase a policy prior to graduation:

  • No financial requirements. After graduating, podiatrists must prove income with financial documentation and the benefit amount is limited to income and any group disability benefits are in force. This may reduce the amount of available benefit.
  • *Discounts. If you are working for a hospital that has an available discount, you may lock in your discount prior to graduation and carry it with you throughout your career.

*Discounts are available through Set for Life Insurance from multiple companies. To receive the Set for Life Insurance discounted rates, applications need to be submitted through Set for Life Insurance prior to graduation.

These include (but are not limited to):

EMCAre
Avante Medical Group
University of Alabama
University of Arkansas
University of Arizona
University of Arizona
Alameda Health
Cedars Sinai
Google
Kaiser
Stanford
Sutter Medical
UC Davis
UC San Diego
UCSF
University of the Pacific
Santa Rosa Memorial
St. Joseph’s Hospital
Children’s Hospital
Univ of Colorado
COPIC
Children’s Hospital
Greenwood Dental
KKO Law Firm
Univ of Colorado
Denver Health
Perfect Teeth
Yale University
Christiana Health
Georgetown University
Bayfront Hospital System
University of Miami
Jackson Memorial
Augusta University Medical Center
DeKalb Medical Center
Medical College of GA
Emory
Georga Regents University
Medical College of GA
Wellstar Health
University of Iowa
Iowa Health
St. Luke’s
Aurora Care
Carle Foundation
Loyola University
University of Chicago
Northwestern University
Rush
University of Illinois
Indiana University
Dr. Neena Patel
Via Christi Health
KU School of Medicine
University of Kentucky
University of Louisville
University of Louisiana
Catholic Health East
Tufts University
Massachusetts General
Harvard University (Mass General)
Boston Children’s (Mass General)
Johns Hopkins
University of MD
Maine Medical Center
Portsmouth Regional Hospital
Henry Ford Hospital
University of Michigan
Beaumont Hospital
Michigan State
Allina Health
Mayo Clinic
University of Minnesota
Washington University in St. Louis
St. Anthony’s
St. Louis University
Forest General
Duke University
Wake Forest University
University of North Carolina
University of North Dakota
University of Nebraska
Speare Memorial Hospital
Portsmouth Regional Hospital
University of New Mexico
Cooper Health
Long Island Jewish
Princeton University
Rowan University
New Jersey Dental School
UMDNJ
New Jersey Medical School
Robert Wood Johnson Medical School
Saint Peter’s University Hosptial
UNLV
Bronx-Lebanon Hospital
Einstein Medical Center
Kings County Hospital
Kirkland & Ellis
New York Presbyterian
Kings County Hospital
New York Presbyterian
St. Luke’s Roosevelt
Unviersity of Rochester
Case Western Reserve
Children’s Hospital of Columbus
Cleveland Clinic
Ohio State University Medical Center
University of Cincinnati
Ohio State University
Children’s Hospital of Columbus
Wright State University
Cherokee Nation
Chickasaw Nation
University of Oklahoma
Oregon Health Sciences
Carnegie Mellon
University of Pennsylvania
Good Samaritan
Hershey Medical Center
Pennsylvania State University
St. Luke’s
Drexel University
University of Pennsylvania
University of Pittsburgh
St. Clair
Brown
Medical University South Carolina
South Dakota
East Tennessee University
University of Tennessee
Vanderbilt
Baylor University
Dell Medical
Texas A&M Health Sciences
Texas Tech
University of TX
University of Texas Medical System
University of Texas at Houston
University of UT
EVMS Eastern Virginia Medical School
University of Virginia
Virginia Commonwealth University
 
PeaceHealth
University of Washington
West Virginia University
Medical College Wisconsin
University of Wyoming
SUNY Downstate
University Hospital of Brooklyn
Coney Island Hospital
Woodhull Medical Ccenter
NYU
Bellevue Hospital
Harlem Hospital
Metropolitan Hospital
Jacobi Medical Center
Lincoln Medical
North Central Bronx
Elmhurst Hospital
Queens Hospital Center
Long Island Jewish
Beth Israel Medical Center
Roosevelt Hospital
St. Luke’s
Albert Einstein College of Medicine
North Shore Long Island Jewish
Bronx-Lebanon Hospital
Montefiore Medical Center
Sea View Hospital

If your program is not listed, please contact Set for Life to learn about setting up a discount at your program.

For more information about veterinarian disability insurance or to request a quote comparison, contact the Set for Life Insurance office today!

 

 

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Getting the right disability insurance can be downright confusing. At Set For Life, we’ll help you understand the options and work with you to select just the right product for you and your family. These articles will help you understand some of the complexities involved, but we’re happy to walk you through it! If you’re ready to get set, reach out for a quote today!