UM Miller School of Medicine
Guarantee Issue Disability Insurance Plan
As a graduate medical education (GME) resident, fellow or graduate, your earning potential may be your most valuable asset. It’s important to protect your income in case an injury or sickness makes you unable to work for an extended period of time.
The GME Standard guarantee issue long-term disability program is administered by Corporate Financial, Inc., an independent professional brokerage firm helping busy residents and doctors simplify complex financial matters, build wealth, and protect their financial future. Corporate Financials team of experts provides access to the only Guaranteed issue disability program that does not require medical review for approval. The specialized solutions are provided exclusively for UM Miller School of medicine residents and fellows. We are available to answer your questions, compare this policy and outside policies, and see how to best serve your needs, whether during residency, or at program completion. A resident considering any long-term disability product is encouraged to take advantage of this service before purchasing outside coverage. We also bring discounts from the other recognized major carriers such as Principal, Ameritas, Ohio National, and Berkshire/ Guardian.
Please be advised that if you choose to apply for coverage outside of the GME disability program and that coverage is issued with limitations or even declined, you may be ineligible to participate in the GME disability conversion program.
Corporate Financial’s representatives are the only representatives authorized by the insurance carrier and GME to provide this product.
5 Reasons to Obtain Income Protection Before Leaving Your GME Program at the UM Miller School of Medicine
1.No Medical Underwriting – Guarantee Issue
No physical exams, labs, medical records, or lengthy applications. You are able to purchase coverage up to age 60. This means you will likely be able to obtain coverage for which you might not otherwise qualify.
2.You can increase your protection (monthly disability amount) every three years as your income rises, up to $15,000 per month.No medical information required, only income verification.
3.Rates are discounted by 15%.
4.Once issued, your premiums never increase.
5.Your coverage is fully portable. You can take it with you wherever you practice
Residents and Fellows
As a resident or fellow, you are in one of the most financially stressful positions of your lifetime. You have unprecedented demands on your time and money, and the decisions you make now can affect your lifestyle 10 to 20 years into the future. We provide you with the advice you need today to help ensure financial security in your future.
Once you have completed your medical training, your financial needs become even more complicated. In today’s environment, there is no room for error in a doctor’s finances. Our goal is to help you grow and protect your wealth so you can focus on the things in your life that are most important to you.