As a graduating dentist, you may be unable to show an income. Insurance companies understand that while you may not have earned an income in the past, you will in the future. For this reason, they have introduced maximum coverage limits that you as dental students are eligible for without having to show any financial justification. These limits differ by insurance company. Below find the maximum amount of coverage available.
As a graduating dentist you are also eligible for discounted premiums. This discount applies not only to the base coverage purchased, but also to all future increases that you make to your policy throughout your career. This discount also varies by insurance company. Below find the maximum discount available.
- Graduating with specialty – $4500 > discount of up to 25%
- Graduating without specialty - $3500 > discount of up to 20%
- Graduates going into residency – $3000 > discount of up to 25%
- Third year dental students - $1000 > discount of up to 20%
- First and second year students - $500 > discount of up to 20%
In addition to the discount, you will have a completely guaranteed policy issued to you while you are young and healthy. By waiting to apply for coverage, you take the chance that your health could change which could result in restrictive provisions or additional premiums added to the policy.
What are the Benefits of an Individual Professional Contract?
- Career policy which offers top notch protection throughout your career
- Worldwide portability
- Fully guaranteed policy and premium
- 30, 60, 90 or 120 day elimination period with benefits payable until age 65
- Ability to increase your policy up to $25,000/month
- Future insurance options to increase coverage annually without medical evidence until age 55*
- Cost of living rider*
- Health care rider*
- No integration of benefits if your income is reduced or if you receive benefits elsewhere
*Please see our Products and Services for more information on these benefits.
Contact Us