MGIS and Sun Life Expand Partnership to Provide Leading Income-Protection Products to Veterinarian Groups
"According to the AVMA (
MGIS group LTD mirrors key provisions of individual disability insurance (IDI) while providing underwriting and cost advantages associated with group disability insurance.
Some of these features include:
- Extended own occupation definition of disability
- Favorable earnings definition and lagged earnings
- "Best of both worlds" partial disability benefits
- No mandatory rehabilitation requirement
- No lifetime-max mental & nervous and drug & alcohol (MNDA) limitation
- Guarantee Issue Underwriting3
- Retro disability benefit
- Dedicated claims unit for veterinarians and other healthcare professionals
Requests for proposals can be sent to an MGIS Regional Vice President of Sales (RVP) or via the Sun Life website.
Learn more at mgis.com
MGIS and Sun Life are partners in providing specialized disability income protection for healthcare professionals. MGIS provides specialized sales support, administration, and underwriting, and Sun Life provides claims management and insurance supported by its insurance subsidiaries' financial strength ratings.
MGIS is a leading national insurance program manager experienced in building and managing specialized insurance programs for healthcare professionals. We partner with highly rated insurers and focus on disability and life insurance for practices of all sizes, types, and medical specialties. Insurance policies managed by MGIS are backed by members of the Sun Life group that are insurance companies and Certain Underwriters at Lloyd's. We work exclusively through select brokers and insurance advisers. MGIS affiliated companies provide MGIS services:
Group life and disability insurance policies are underwritten by
© 2022
SLPC 31786 9/22 (Exp. 9/24)
1 Increase in veterinarians' starting salaries long overdue, economist says.
2 Group long-term disability (LTD) insurance for healthcare professionals is issued by
3 Some health questions may be required for late entrants. A GI level may be required for small groups or groups with high benefit levels.
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SOURCE MGIS
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