DIBroker East / Eskra & Associates

Disability Insurance For Life

Standard raises Starter Limits to $8,000 for all MD’s and DO’s

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The Standard Announces The Following Updates
Effective May 1st:

$8,000 New-in-Practice Limits for All MDs and DOs

The New-in-Practice limits for all MDs and DOs will increase from $7,500 to $8,000. For physician (MD and DO) fellows and final-year residents, limits will increase from $5,000 to $8,000. New medical professionals experience rapid and significant income growth within a short time. These increased limits have been expanded for fellows and final-year residents, allowing them to purchase higher amounts earlier in their career.

Medical Professional Previous Amount New Amount
New in Practice $7,500 $8,000
Fellows $5,000 $8,000
Resident, final year $5,000 $8,000
Resident, all other years $5,000 No change

 

Occupation Class Upgrades

The Standard has made several updates for banking and real estate occupations, including new 5A criteria in both categories. And many of these new 5A occupations are eligible for our 20% Preferred Occupation Discount, helping you grow your white-collar sales. Additionally, allergists, immunologists and pulmonologists have also been upgraded to our top 5P medical occupation class. See the tables below for more details on updates.

Occupation Previous Class New Class
Executives in real estate development, investment and property management with earnings $300,000-plus* 4A 5A
Mortgage bankers and financial analysts earning $200,000-plus* 4A 5A
Escrow officers and loan officers earning $200,000-plus* 3A 5A
Economists without Ph.D. 4A 5A

* 3A and 4A income requirements have been updated for certain occupations within these industries.


Upgrades to 5P Occupations

Occupation Platinum Advantage – Previous Class Platinum Advantage – New Class Business Equity Protector – New Class Business Overhead Protector – New Class
Allergist 4P 5P 5A 5A
Immunologist 4P 5P 5A 5A
Pulmonologist 4P 5P 5A 5A

Click here for Transition Rules

For more information, please refer to
Standard’s IDI Reference Guide.