MGIS Extends High Limits Disability Insurance Offerings for Healthcare Professionals
The High Limits Business Overhead Expense product can be structured as either an indemnity or reimbursement. Structured as an indemnity, benefits will be paid without the need for copious reimbursement paperwork. This accelerates the delivery of benefits.
According to the Association of American Medical Colleges, "The median education debt for indebted medical school graduates in 2019 was
MGIS' new High Limits disability insurance products unite MGIS' experience and understanding of the physician disability insurance market with Lloyd's innovative environment and financial strength. Both new products work off the powerful
MGIS
MGIS is a leading national insurance program manager experienced in building and managing specialized insurance programs for healthcare professionals. We partner with the highest rated insurers and focus on group disability and life for medical practices of all sizes, types, and 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 services are provided by MGIS affiliated companies:
Lloyd's
Lloyd's is the world's specialist insurance and reinsurance market. With expertise earned over centuries, Lloyd's is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd's market develops the essential, complex and critical insurance needed to underwrite human progress. Backed by diverse global capital and excellent financial ratings, Lloyd's works with a global network to grow the insured world – building resilience for businesses and local communities and strengthening economic growth around the world.
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