Use this helpful disability insurance calculator

A Platinum Advantage income protection insurance policy from The Standard protects more than just your paycheck. It can also protect your student loan payments.

Most income protection policies pay benefits only when you can’t work due to injury or sickness. But what if a family member becomes seriously injured or seriously sick? The Family Care Benefit can help you take time for caregiving. This benefit provides cash to replace lost income due to working fewer hours and earning less income to care for a family member. This unique benefit comes with Platinum Advantage, available only from The Standard. Here’s some reasons why it’s so valuable — for anyone facing the possibility of having to care for a family member.

The Standard’s income protection insurance was designed with physicians in mind. Features like Specialty Own Occ and the Student Loan Rider provide a first-class policy to make sure you’re covered when it matters most.

Your income is your most important asset. Watch this video to remember the importance of this very important step in the financial planning process.

Buy Now or Buy in Your Final Year of Training?

As a medical resident or fellow, your earning potential may be your most valuable asset. It’s important to protect your income in case an injury or sickness makes you unable to work for an extended period of time. Having coverage under The Standard’s GME Offer can help ensure you’ll have a source of income replacement and help protect the things in life you care about. No physical exams, labs, medical records or lengthy applications required.

A quick comparison of the coverage provided by the AMA and that which is typical of most individual disability insurance policies highlights the gaps in coverage

Group Long term disability (LTD) insurance provides some income protection — usually up to 60% of an employee's base salary. But it’s often capped at a lower monthly amount. Highly compensated employees who become disabled could face a large coverage gap.