Insurance Broker Discusses UMRS-UDRS Resident Obtaining Disability Insurance
As a knowledgeable Insurance Broker, I get questions all the time from clients about UMRS-UDRS resident obtaining disability insurance. The first step to obtaining disability coverage as you enter practice or go into fellowships is to have a meeting with a representative from MJB Financial Services. At that meeting, we are simply going to be fact finding; asking medical questions, asking questions about your needs, and family members. We discuss what your plans are to determine how much coverage and which plan you go through. There are two different ways that you can go under this program. One is you are healthy with no pre-existing conditions, we are going to want to go through underwriting to obtain not only coverage now, but options to obtain coverage in the future with the same discounted rates.
If you do have pre-existing conditions, this is an exclusive one-time chance for you to obtain disability coverage without having to go through the medical underwriting process. That plan will give you coverage, not only for now, but also in the future. It will also be discounted, but you won’t go through the blood test, the medical, and it’s the only plan that will allow you to do that during your career.
If you have questions regarding UMRS-UDRS resident obtaining disability insurance, contact our professional Insurance Broker for guidance. Let our skills work for you.
This educational blog was brought to you by Insurance Broker Michael J. Bruno, seasoned Chartered Financial Consultant, Chartered Life Underwriter and Registered Health Underwriter. Specializing in financial planning and disability insurance for physicians and dentists for over 30 years.