Long-Term Disability (LTD) Insurance
for School of Medicine/Health Sciences Students
UNDERSTAND
Long-Term Disability (LTD) insurance provides you with income if you meet the following criteria:
- Within the first 60 months - You are receiving care from a physician,
and are unable to regularly attend school and maintain student
status in good standing.
- After first 60 months from diagnosis- You are receiving care from
a physician, and are unable to regularly attend school and maintain student
status in good standing, and you are unable to do any work for pay or
profit, for which you are reasonably able because of education, training
or experience, and where you would be expected to earn over $3,000 per
month.
- Seropositive HIV - Paid as a Total Disability Claim.
- AIDS Diagnosis - Paid as a Total & Permanent Disability Claim.
Eligibility
Students enrolled in the School of Medicine and the School of Health Sciences at the University of Washington are eligible for this benefit.
Monthly Benefit
- Monthly Benefit – If you are found to be totally disabled
you would receive $1,100 per month during all years of Medical
School. If you are found to be totally and permanently disabled
you would receive $1,100 monthly during all years of Medical School,
plus a one-time lump sum payment of $5,000.
- Benefit Offsets - If you are found to be totally disabled, or totally
and permanently disabled, any pay or other compensation in excess of
$3,000 to which you are entitled from any employer is deducted from the
benefit payment.
- Loan Payoff Benefit - Repayment of up to $200,000 of eligible debt.
Premiums
The premium is $65.00 per year which must be paid in full upon application, and paid in full annually thereafter.
ACT
Enroll
Coverage will be effective from October 1, 2008 through September 30, 2009.
- You must apply within the first 31 days of eligibility and will not
need to provide evidence of good health. Enroll by completing
the School
of Medicine/Health Sciences Medical Student LTD Enrollment Form.
- Mail completed enrollment form to :
Professional Benefit Consultant, Inc.
7525 SE 24th Street, Suite 350
Mercer Island, WA 98040
Checks should be made payable to : Standard Insurance MPA Program.
File a Claim
Standard Insurance must receive written notice of a claim before the
end of the 90-day elimination period. For assistance in filing a claim,
contact Parker, Smith & Feek at 425-709-3600 and ask for the Benefits
Department.
EXPLORE
For more information, view the LTD Plan Summary Chart.
The information provided above is only a summary of benefits and coverage.
The master policy supersedes any discrepancies in summary and determines
actual coverage. Upon registration confirmation, please read your
policy for a complete description of benefits and coverage.
