To be completely honest, would any of us ever think about disability and life insurance if no one told us how important it is? I never thought about it until I heard a presentation at one of the ASDA conferences, and it really got me thinking.
Learning about insurance is actually pretty interesting, especially disability and life insurance. While it’s something I hope none of us have to use, I’ve learned that disability and life insurance is one of the greatest assets we could have. The way I see it, getting this insurance is not only something I can do for myself but also for my family.
One of the most valuable benefits of your ADA student membership ($5 of the dues we pay to ASDA goes toward our ADA membership) is the no-cost ADA disability and life insurance, underwritten by Great-West Financial®. The coverage includes $50,000 of life insurance and $2,000 per month of disability insurance as well as up to $150,000 to repay student loans if you’re disabled. You will be covered throughout dental school, as well as residency. To some it might sound too good to be true, but you read it right. It truly is no cost and no strings attached. It’s like the other freebies that you will only get when you are a student such as a free electric toothbrush, only more valuable!
Here’s how easy it is to sign up:
1. First, register your account here and request activation.
(You need your ADA number — it’s the same as your ASDA membership number, or you can call the ADA at 800.621.8099 to obtain it.)
2. Upon verification of your ADA student membership and eligibility, you will be enrolled in the insurance and will receive your Certificates of Insurance in the mail.
3. Done! The coverage will automatically renew each year, as long as you remain an ADA member, including residency.
Great-West Financial sometimes offers incentives to register or update your account. Right now there’s a $5 coffee card offer* that is valid through May 31, 2018. Why not take two minutes to update your information and get a treat for doing so? Visit insurance.ada.org/spring.
Chapter leaders: Would you like to earn $500? If your chapter has 80 percent or more enrollment with Great-West Financial, you’ll receive a $500 reward for your chapter. You have until May 31, 2018, to do so. You can find more valuable information and resources, including Facebook and Instagram posts that you can use on your chapter pages, at insurancetoolkit.com.
~Kai Huang, UAB School of Dentistry, Class of 2020, District 5 Trustee, American Student Dental Association Vice President Elect, UAB ASDA Chapter
This content is sponsored and does not necessarily reflect the views of ASDA.