“Mike has provided me with great service for my life and disability policies. I never had to put up with "the hard sell", or any kind of pressure from him. Since he works with multiple insurers, Mike is always looking to get the best policy for me. I have recommended his services to many of my friends, and think everyone would be satisfied with Mike Mazzarella.”
Steve Bader, M.D.
Steve Bader, M.D.
Residents & Fellows*
- Own Occupation Definition of Disability (Entire
- Total Disability or Totally Disabled means that, solely due to injury or sickness, you are not able to perform the material and substantial duties of your occupation.
- $2,500 - $5,000 monthly benefit, no income documentation**
- $6,500 - $7,500 monthly benefit, no income documentation***
- $7,500 - $12,000 Future Increase Option Rider
- As long as your increased income qualifies for more coverage under the company's issue limits, the future increase option guarantees your right to purchase additional coverage up to a stated age without evidence of insurability.
- Mental/Nervous; Substance Abuse coverage for the entire benefit period
- Cost of Living Adjustment Rider (COLA)
- A cost of living rider will adjust benefits for inflation during a long-term claim.
- Residual Disability Benefit Rider
- Under a residual disability provision an insured receives a percentage of their disability benefit based on the percentage of income loss the sickness or injury has caused.
- Catastrophic Disability Rider (CAT)
- Catastrophic Disability or catastrophically disabled means that, due to injury or sickness, you are: Unable to perform two or more of the activities of daily living without human standby assistance; or Cognitively impaired; or Irrecoverably disabled. This benefit amount is in addition to your basic monthly benefit.
- Non-cancellable and Guaranteed Renewable
- You may renew the policy at the end of each premium term until the expiration date. During that time, the company cannot change the premium or cancel the policy.
- Elimination period (90 Day)
- It is the period of time that must elapse from the onset of a disability, before you are eligible to receive monthly benefits.
|*||Premium discounts of 10% may apply|
|**||Attending physicians can purchase up to $17,000 monthly benefit|
|***||If within six months of starting as an attending physician|