UNIVERSITY OF MINNESOTA DISABILITY BENEFITS
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There's nobody else exactly like you. 

Don't settle for one-size-fits-all Disability Income Protection.

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Premier Protection for Your Income – at a Discount!
You've prepared for a career that will provide you with the income to achieve your financial goals. Protecting that income is one of the most important financial decisions you’ll ever make. If you became too sick or injured to work, disability income insurance can help replace your income and maintain your standard of living. Even if you have some type of income protection in place, you may want to consider a policy that enables you to purchase additional coverage to protect your growing income and your retirement plan contributions.
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Program Highlights
  • Industry-leading income protection
  • Up to a 30% permanent discount on premiums for residents and fellows, and 10% for students1
The Reality – We’re Vulnerable
The causes of disabilities are more common than you might think. According to research conducted by the Council for Disability Awareness*, common examples of long-term disability claims include:
  • Musculoskeletal disorders (29%)
  • Cancer (15%)
  • Pregnancy (9.4%)
  • Mental health issues including depression and anxiety (9.1%)
  • Injuries such as fractures, sprains, and strains of muscles and ligaments (9%)
* Source: Council for Disability Awareness (CDA), Integrated Benefits Institute, Health and Productivity Benchmarking 2016 (Released November 2017)
Have a question, or want to learn more about your options?
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How to Keep Your Income Strong:​  
  • Student Loan protection rider pays up to $2,500 per month of your student loans
  • Disability income protection pays a monthly benefit if you become too sick or injured at work
  • Industry-leading income coverage pays benefits for more sources of income, including:
    • Base salary
    • Incentive compensation
    • Retirement contributions2
  • Discounted coverage that is portable
  • Flexibility to purchase additional coverage as your income increases
  • Benefits paid are tax-free if paid with after-tax dollars
  • An Enhanced Partial Disability Benefit Rider3 with only a 15% loss of income threshold, as compared to the industry standard 20%
  • Graded premiums that can help make the initial cost of coverage more affordable while you build your career and establish your income
  • A choice of 3% compound or Four-Year Delayed Cost of Living Adjustment Riders, to help benefits keep pace with inflation during a disability4 

​If that wasn't enough, we also offer:
  • Flexible benefit period options – 2 Years, 5 Years, 10 Years, To Age 65, To Age 67, and To Age 70
  • A benefit rider specifically designed to help protect retirement contributions, even if you have yet to begin retirement savings.5

1. 30% permanent discount available as a result of the Student & Resident Discount, Preferred Occupation Discount (for certain occupations) and a Mental Nervous and/or Substance Abuse Limitation Discount.  The discount is reduced to 200% if the limitation is removed through full underwriting. (The 24 month Mental Nervous limitation applies to all GSI & Conversion cases, regardless of occupation.)
2. The Retirement Protection Plus Disability Benefit Rider is not a pension plan or a substitute for one.
3. In California, this optional rider is called the Partial Disability Benefit Rider.
4. Not necessarily protection against increases in the cost of living.
5. Retirement contribution protection available under the Retirement Protection Plus program (RPP). RPP is not a retirement plan or a substitute for one.
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Individual disability insurance policy Forms 18ID, 18UD, 18GI, 1400, 1500, and 1600 underwritten and issued by Berkshire Life Insurance Company of America (BLICOA), Pittsfield, MA. BLICOA is a wholly owned stock subsidiary of The Guardian Life Insurance Company of America (Guardian), New York, NY. Product provisions and availability may vary by state. In New York: These policies provide disability insurance only. They do not provide basic hospital, basic medical or major medical insurance as defined by the New York State Insurance Department. For policy forms 18ID, 1400, 1500, and 1600 the expected benefit ratio is 50%. For policy forms 18UD, 18GI, 18UD-F, and 18GI-F, the expected benefit ratio is 60%. The expected benefit ratio is the portion of future premiums that the company expects to return as benefits, when averaged over all people with these policy forms.
While you can't predict the unexpected, you can prepare. We're here to help you.
Foster Klima and Guardian were chosen exclusively by the University of Minnesota to provide you with disability insurance to protect your financial future. 
© 2024   l   Foster Klima   l   10900 Wayzata Blvd.   l   Suite 730   l   Minnetonka, MN 55305   l   Contact Us
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Foster Klima & Company, Inc is an Agency of The Guardian Life Insurance Company of America®  (Guardian), New York, NY.  Securities products and advisory services offered through Park Avenue Securities LLC (PAS), member FINRA,SIPC.  OSJ:   PAS is a wholly-owned subsidiary of Guardian.  Foster Klima & Company, Inc  is not an affiliate or subsidiary of PAS or Guardian.  10900 Wayzata Blvd, Minnetonka, MN 55305, ph# 612.746.2200.

This material is intended for general use. By providing this content The Guardian Life Insurance Company of America, Park Avenue Securities LLC, affiliates and/or subsidiaries, and your financial representative are not undertaking to provide investment advice or make a recommendation for a specific individual or situation, or to otherwise act in a fiduciary capacity.

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Copyright 2024 Foster Klima

7229669.1 Exp 11/2026
  • Home
  • Residents, Fellows, and Interns
    • Graduate Medical Education Residents & Fellows
    • School of Dentistry Residents
    • College of Veterinary Medicine Residents & Interns
  • AHC Students
    • Medical School Students
    • School of Dentistry Students
    • College of Pharmacy Students
    • College of Veterinary Medicine Students
    • Nurse Practitioner Students
    • Certified Registered Nurse Anesthetist Students
    • School of Nursing Students
    • College of Allied Health Professions
    • School of Public Health
  • Request A Quote
  • Real Stories
  • A Detailed Look
    • Learn To Speak The Lingo
    • Student Loan Protection
    • Products & Services
    • Useful Links
    • From Learning, to Living, to Retirement
    • Tips to Start Digging Your Way Out
  • About Us
    • Your Team
    • About Foster Klima
  • Report A Claim
  • Contact Your Advisor