Principal is making it easier for Medical Residents and Newly Contracted Physicians to get higher benefit amounts with their New Medical Resident Underwriting Program.
Medical Residents with coverage issued this year (2019) or buying new coverage between January 1st and September 30th of their graduation year, can get increased benefits without an exam or labs!
They can chose between Select Professional Limits or the Issue and Participation Limits based on a copy of their Signed Employment Contract amount!
If they already had coverage issued with Resident Limits in 2019, they can come in for an Adjustment App without an exam or labs, if they are now 180 days away from completing residency, have a position or a signed contract. This will avoid using an Advanced Benefit Update.
Application, TeleApp Interview and Script required.
Download the Guidelines and Select Pro Limits chart (with Doctors highlighted) below for more details.