The Guaranteed Standard Issue Program (GSI) Disability Insurance Program offered is a valuable program that provides income protection for medical residents and fellows without requiring medical underwriting or questions. This means that graduating residents/fellows with pre-existing medical conditions can obtain coverage up to $7,500 of monthly benefit, subject to New Professional limits, without undergoing the traditional medical underwriting process. Residents and fellows who are not graduating may purchase up to $5000/month. The policy is a personally-owned individual disability insurance policy that is portable and can be taken with you throughout your entire career.

Please note that if you apply for a policy elsewhere and are rated or declined, the GSI offer is no longer available to you. It is critical that you apply for the GSI FIRST before applying elsewhere.

One of the most important aspects of the GSI program is that it provides True Own Occupation coverage, which means that you are considered disabled if you are unable to perform the duties of your own occupation, including your medical specialty even if you can work in another specialty or occupation. There is additional surgical specialty language.

The GSI program also offers a range of optional riders, including the Future Increase Option Rider, the Residual and Recovery Benefit Option, the Enhanced Partial Benefit Rider, and the Catastrophic Benefit Rider. These riders allow policyholders to customize their coverage to meet their specific needs and circumstances

If you are a graduating resident or fellow, you must submit your application prior to graduation to qualify for benefits.

For more information, contact Set for Life Insurance today for a quote!