Welcome, Harvard Medical School Residents & Fellows

Why should all Residents and Fellows buy disability insurance before they complete their training?

Disability Insurance- Individual disability insurance is personally owned and portable and pays tax free dollars to help fully protect income or supplement an employer provided group plan (taxable benefits). The BEST disability insurance protects your exact pre disability duties EVEN if you can earn other income doing anything else AND allows for increases over time as your income rises.

There are several main reasons for why its so important to lock in your first disability insurance policy during training.

• First, the cost will never be less expensive than it is now based on your age today, so, whatever benefit you secure now will have a level fixed cost for your entire career.
• Second, most carriers allow you to buy more benefit today without proof of income than would normally be allowed AND they add pools of far more benefits to increase overtime without hassle.
• Third, most companies will issue coverage to residents and fellows with significant discounts that stay with you for the rest of your career.
• Lastly, by securing your own policy now, you can then let your new employer group disability insurance stack on top without any income or benefit limitations. If you wait to buy individual coverage after you graduate, you will be limited in the amount of coverage you can secure at that time. So, let’s be sure you lock in your own portable, Specialty Own Occupation policy that truly protects your hard earned medical training. Also, take a few minutes to listen to our brief podcast addressing why it’s the best time to buy your policy!