- Joined
- Oct 13, 2014
- Messages
- 80
- Reaction score
- 11
Can anyone share their experience with various disability insurance policies? Is there a particularly good one for ophthalmologists? I am currently a resident.
Just check all carriers as where both that you mentioned are great carriers there are other players in the market that might have better pricing per dollar of coverage desired. In addition, make sure you have the best discount offered by the respective carrier. If we can help further let me know.Thanks to you both. Currently looking at Guardian and Ameritas through the insurance agent who contacted our program. It seems like Ameritas does have a very similar product for a lower fee, with a 6M occupation class versus 4M with Guardian.
I agree and Unum really does not have a true own specialty product in the market any longer so not a great solution for physicians or dentists at this time.I have discovered one thing. There is a firm which does a lot of 'claims' processing for different insurance companies. This firm, called Disability RMS, reads like a who's who of form UNUM executives. Their SOLE purpose is to look for any reason to delay, and if possible, deny claims! I advise ALL professionals to avoid like the plague ANY insurer which uses Disability RMS to adjudicate and process their claims. (BTW... PRINCIPAL FINANCIAL uses Disability RMS. Real bad experience there.)
My take... some years ago UNUM was vilified in the press and in court for their over-aggressive denial of disability claims. Since they got such a black eye, they decided to share it with the rest of the industry by outsourcing their Disability RMS unit!