Student Disability Plan

Insurance Plan

Quality disability insurance at no cost while you're a student — it doesn't get better than this!

Get this: If your education or career path is interrupted (or halted altogether) by disability, disabling illness or injury, this insurance can pay you cash every month to help cover student loans and living expenses.

Your most valuable asset isn't your bank account or investments — it's YOU! It's smart to protect the investment you're making in yourself and in your future as a dentist by getting disability insurance now, while you're young and healthy. Why is it a big deal? Because statistics show that 1 out of 4 dentists will be disabled long enough to collect benefits at some point before retirement¹. Your future in dentistry could be lost if your ability to practice clinically becomes compromised.

The ADA knows the value of disability insurance to dentists which is why they provide group disability insurance to ADA student members at no cost as an ADA student member benefit. Your insurance will help you transition after dental school to your next career step, and can be renewed all the way into retirement! Coverage is provided at no cost to you through dental school and residency, so it's easy to take advantage and get better prepared for what lies ahead.

Features of the ADA Student Members Disability Insurance Plan include:

• $2,000/month for up to 7 years
• Up to $150,000 to help repay student loans
• Coverage continues at no cost through December of the year you complete your studies
• Opportunity to convert coverage as early as January of your graduation year to the more comprehensive coverage for ADA members who are practicing dentists: $2,000/month of Disability Income Protection insurance and $2,000/month of Office Overhead Expense insurance
• Beginning in January of your graduation year, the ability to apply for an additional $3,000/month of Disability Income Protection insurance (after conversion) for a total of $5,000/month when combined with the $2,000/month of guaranteed-issue coverage

¹Odds of disability determined by Great-West Life in 2013 after studying years of disability claims submitted by insured ADA members.

Coverage is issued regardless of your medical condition if you are under 45, but benefits are not payable, as defined by the respective policy, for disability resulting from a sickness, disorder, physical condition, or symptom that existed or was treated 12 months prior to enrollment.

Rates

Student Disability Plan - No Cost to ADA Student Members

The American Dental Association makes it possible for dental students to receive disability insurance at no cost during dental school. Why? Because the ADA knows you have many other financial obligations right now, but still need to safeguard your ability to earn an income from your chosen profession. It's a tangible way the ADA invests in YOU as the future of organized dentistry.

Protection for the future means peace of mind today.

Coverage is issued regardless of your medical condition if you are under 45, but benefits are not payable, as defined by the respective policy, for disability resulting from a sickness, disorder, physical condition, or symptom that existed or was treated 12 months prior to enrollment.

Features

Student Disability Plan Features

The ADA Student Members Disability Insurance Plan includes comprehensive features designed by ADA members exclusively for dental students:

• Coverage: $2,000/month in disability coverage, and up to $150,000 to repay student loans
• Two-year “own occupation” coverage: If you become totally disabled and unable to perform the normal duties of a full-time dental student, you can receive monthly benefits for up to 2 years. The two-year own occupation period is followed by “any occupation” period for up to 5 additional years, so you could receive benefits for an additional 5 years if you cannot perform the duties of any occupation for which you’re qualified. Note: After graduation, if you choose to convert your coverage to the ADA members disability insurance plans for ADA members who are practicing dentists, the "own occupation" provision expands and can provide benefits every month until you turn age 67.
• Loan repayment benefit: If you can't complete dental school because of disability, you'll likely still have to repay much of what you borrowed to study dentistry. To help you repay that investment, the ADA Student Members Disability Insurance Plan provides up to $150,000 in student loan repayment benefits. This benefit may be available even if you no longer qualify for basic benefits under the plan, or are denied benefits from another loan repayment program.
• Automatic renewal: Coverage renews automatically every academic year, providing you with uninterrupted protection as your career advances. Residents and students in post-doc programs have the option to renew the no-cost student coverage too.
• 90-day waiting period: Under this insurance plan, you’re eligible for benefits after just 90 days of disability. Use the monthly benefits to help cover your living expenses, pay down your debts, or train for another career. You could even qualify for student loan repayment, depending on the length and severity of your disability.
• Built-In Conversion: As early as January of your graduation year, your student coverage can convert to $4,000/month of combined, guaranteed-issue ADA members disability insurance — $2,000/month of Disability Income Protection insurance to guarantee monthly income if you can't practice dentistry, and $2,000/month of Office Overhead Expense insurance to help you repay student loans, practice loans, and other eligible professional expenses. These plans are for ADA members who are practicing dentists, and coverage can be renewed to age 70. Both conversion and ongoing renewal occurs without any medical exam. Should you decide not to convert early, you can continue your ADA student members disability insurance at no cost through your graduation year. In December of that year, you'll receive a premium notice in the mail. Simply pay that and maintain active ADA membership to convert your coverage.
• Additional coverage: Beginning in January of your graduation year, you have the ability to apply for an additional $3,000/month of Disability Income Protection insurance (after conversion) for a total of $5,000/month when combined with the $2,000/month of guaranteed-issue coverage.

Coverage is issued regardless of your medical condition if you are under 45, but benefits, as defined by the respective policy, are not payable for disability resulting from a sickness, disorder, physical condition, or symptom that existed or was treated 12 months prior to enrollment.