This Guaranteed Standard Issue program is offered through HumbleWealth, while you are still a resident or fellow at University of New Mexico.

We highly recommend discussing your options with us BEFORE applying for disability insurance, to avoid the risk of becoming ineligible for the program.

• Underwriting & Eligibility

  Streamlined application process – no exams, medical interviews, or review of medical records. Simply complete an application.

  Only a handful of “knock-out” scenarios that lead to ineligibility. Most commonly, having applied for individual disability insurance within the past 60 months.

  Available throughout your training at the University of Arizona and up to 180 days after graduation. Keep in mind the existence of this plan is not guaranteed, and may not be offered in the future (your coverage is guaranteed once secured however).

• Program Highlights

  The GSI provides comprehensive coverage meeting the needs of physicians

  True Own Occupation Coverage – receive full benefits if you are unable to work in your occupation, even if you earn an income in a new occupation

  Long-term benefits to Age 65

  Noncancellable and Guaranteed Renewable Coverage – fully guaranteed (including price) and portable coverage over the course of your career, which can not be changed by the insurance company

  Enhanced Coverage for Partial Disabilities – receive partial disability benefits if due to injury or illness you are limited while working in your occupation, resulting in a loss of income

  Cost of Living Adjustment – inflation protection while on claim

  Future Insurability – ability to increase your coverage as income grows with no medical underwriting (up to the $15k plan maximum).

   

  Optional features available, further enhancing your policy

  Catastrophic Disability Benefits – additional monthly benefits if catastrophically disabled (unable to perform 2 or more of the 6 activities of daily living without assistance)

  Student Loan – additional monthly benefits to reimburse required student loan payments while disabled

  Retirement savings supplement – lump sum benefit paid at age 60 (equal to 25% of all benefits paid over the life of the policy), making up lost opportunity and funding towards your retirement plan due to disability

• Benefit Amount

  All residents & fellows – $1,000 – $7,500

  Within 180 days of graduation – $8,500

  Financial verification via signed contract – up to $15,000

  *via the future insurability rider, you may increase up to the plan maximum of $15,000 with no medical underwriting as income justifies, even when starting at the lower benefit amounts mentioned above

• Additional Program Details

  Unique built-in features adding value beyond traditional disability coverage

  Benefit Advancement – reimbursement for medical expenses when treated for an accidental injury that does not result in disability
  COBRA Premium Benefit – reimbursement for COBRA medical premiums as a result of disability
  Good Health Benefit – annual reduction in the elimination period (90 days), for each year you do not receive benefits under the policy
  Mental health & substance abuse coverage – provides up to 24 months of coverage over the life of the policy, unless confined as an inpatient for treatment (these are one of the most common conditions excluded altogether when medically underwriting)

  3/12 pre-existing condition limitation – any condition treated in the 3 months prior to policy effective date, is only excluded for the first 12 months of coverage. This does not reset with policy increases, and will never impact coverage after the first 12 months

• Pricing

  The GSI Program at the University of New Mexico provides a 20% training discount, which applies to your initial policy and all future increases in coverage. This results in significant savings over your career, and may not be available to you after training.