Disability Insurance
Med PLUS Advantage
The Med Plus Advantage program is dedicated to providing you with specifically tailored student coverage throughout your education.
www.medplusadvantage.com, Sponsored by the American Medical Association
Schedule of Benefits: Disability Income
- $1,500 Monthly Benefit
- 90-day Elimination Period
- 6-month/12-month Preexisting Condition
- Length of Benefit to 65 - Social Security Normal Retirement Age (SSNRA)
- $2,000-$2,500 monthly benefit available during residency on guaranteed issue basis
- 24-month M&N Limit: mental & nervous disabilities limited to 24 month of benefits
- $3,000 Income Offset
- Assisted Living Benefit (ALB)
- $5,000 Lump Sum after 12 months of permanent and total disability
- 5-year Student Definition: unable to perform duties of a student in good standing
- School Loan Provision: up to $200,000 at the end of 12 months of permanent & total disability