member benefit

You Work to Protect Your Patients We Work to Protect You By Marsh As a physician, you probably know better than anyone else how quickly a disability can strike and not only delay your dreams, but also leave you unable to provide for your family. Whether it is a heart attack, stroke, car accident, or fall off a ladder, any of these things can affect your ability to perform your medical specialty. That’s why the Association/Society sponsors a Group Long-Term Disability program underwritten by New York Life Insurance Company, with monthly benefits up to $10,000. You are protected in your medical specialty for the first 10 years of your disability. With this critical protection, you’ll have one less thing to worry about until your return.

Important features of this plan include: • A monthly benefit of up to $10,000, if you become totally disabled. Members age 50–59 are eligible to apply for up to $6,000 per month

46 | THE BULLETIN | SEPTEMBER / OCTOBER 2013

• A 10-Year Medical Specialty Definition of Disability defined as the inability to work in your own medical specialty for the first 10 years after the waiting period (a very important distinction vs. many plans with a broad “inability to do ANY job” definition) • Your monthly benefit payments are not taxable when you don’t take your premium as a tax deduction under current tax law. That’s not necessarily the case for employer-provided plans, where you could lose up to 40% of your benefit to taxation. (Always consult your tax advisor.) • Group rates are negotiated exclusively for SCCMA/MCMS members. Learn more about this valuable plan today! Call Marsh/Seabury & Smith Insurance Program Management for free information, including features, costs, eligibility, renewability, limitations, and exclusions at 800/842-3761. Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 Under Group Policy No. G-29322-0 on Policy Form GMRFACE/29322-0.