Students, Residents and Fellows: Protect Your Future Earnings
If you're a medical or dental student who is not yet earning a salary, or a resident or fellow earning a starting salary, your income will grow significantly. With Northwestern Mutual, you can obtain disability income insurance today to cover your future earnings.
|If you are a:||You could obtain coverage for monthly benefits up to:|
|1st- or 2nd-year Medical or Dental Student||$1,000|
|3rd- or 4th- year Medical or Dental Student||$2,500|
|Resident / Fellow — Medical||$6,000|
|Resident / Fellow — Dental||$4,000|
|Beginning Professional — MD/DO||$8,000|
|Beginning Professional — DDS||$7,000|
Resident Protector: Added Protection for Residents and Fellows
As part of Northwestern Mutual's Medical Own Occupation Definition of Total Disability, residents and fellows can choose to protect more of their future earnings with an option called Resident Protector.
Under Resident Protector, if you became totally disabled during your residency or fellowship, your disability benefits would be calculated at four times your current salary — a more accurate reflection of your future income. So, if you earn $60,000 a year today and became disabled tomorrow, you could receive benefits based on a future income of $240,000.
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