Medical Student Disability Income Insurance

Open Enrollment Dates: July 1 through December 31

Coverage Details

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This coverage is available to eligible medical students for a specially negotiated rate of $41 a year. You receive – $1,000 a month for up to 12 months to help see you through a disabling illness or injury.

Acceptance Guaranteed

Acceptance in this coverage is guaranteed during the annual open enrollment period ending December 31 for eligible medical students.

Monthly Benefits for Total Disability

If you cannot attend classes due to a disabling illness or injury, you can receive monthly cash benefits of $1,000 for up to 12 full months.

Your monthly benefits begin after a 30-day waiting or “elimination” period. The elimination period begins on the first day of a total disability.

Definition of Disability

This coverage defines total disability as a sickness or injury that prevents you from attending classes and performing the normal duties of a medical student, and requires the regular care and attendance of a physician other than yourself or a family member. The disability must begin while you are actively engaged full-time in the school’s curriculum and while covered under the policy. Benefits will not be payable for more than one disability at the same time, regardless of multiple causes.

Coverage May Continue After Graduation

If you are insured under this Student Disability Coverage and you apply to change class designation from a Student to a Physician within three months after graduation, you will be accepted (provided you are not disabled and are practicing full-time) for up to $2,000 in monthly benefits, with no physical examination required or health questions to answer.

Underwritten by:

New York Life Insurance Company

51 Madison Avenue, New York, NY 10010

On Policy Form GMR-FACE/G-30639-0

Under Group Policy No. G-30639-0

trademarks of New York Life Insurance Company.  Other
trademarks are the property of their respective owners.

As long as you are under age 40 and a full-time student of a medical school or an osteopathic medical school approved by an accrediting agency, you’re eligible for this coverage.

Your coverage will be effective on the first day of the month after we receive your enrollment form provided eligibility requirements are met and the premium is paid when due.

You can renew this student disability insurance coverage during medical school as long as eligibility is maintained, the premiums are paid when due, the group policy remains in force and the American Medical Association continues to sponsor this program.

This policy does not cover disabilities caused by or resulting from: Intentionally self-inflicted injuries or any attempt thereof, while sane or insane; the use of any narcotic drug or other substance which is (a) subject to the Federal or the various state controlled substances acts, unless the prescription shall have been written by a Physician other than you, or (b) required by law to be dispensed by prescription only and used for other than a bona fide medical purpose as it relates to you or for other than the treatment of an existing medical condition; normal pregnancy and childbirth. This does not include complications of pregnancy which are covered in the same manner as any other illness or sickness covered by this policy. Benefits will be payable either for injury or for sickness, but not for both, during any concurrent periods of disability.

This coverage is not currently available in:
NH, VT and WA.

Carrier Information

New York Life Insurance Company
51 Madison Avenue, New York, NY 10010
On Policy Form GMR-FACE/G 30639-0
Under Group Policy No. 30639-0

trademarks of New York Life Insurance Company.  Other
trademarks are the property of their respective owners.

New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. Not all group plans it underwrites are available in all jurisdictions. Please check the applicable insurance brochures for current availability. New York Life’s state of domicile is New York, and NAIC ID# is 66915.

AMA Insurance incurs costs in connection with providing oversight and administrative support for this policy, and is reimbursed for these costs. The American Medical Association also incurs certain expenses in connection with the policy and is reimbursed for such expenses.

This website explains the general purpose of the insurance described, but in no way changes or affects the policy as actually issued. In the event of a discrepancy between this website and the policy, the terms of the policy apply. All benefits are subject to the terms and conditions of the policy. Policy underwritten by New York Life Insurance Company. Exclusions, limitations, reduction of benefits and terms under which the policy may be continued in full or discontinued are detailed in the Certificate of Insurance issued to each insured individual and complete details are in the Group policy issued to the policyholder. This program may vary and may not be available to residents of all states.

SMRU #1766472