MGIS, a provider of disability insurance for group-practice physicians, has announced a new high-limits disability product.
The new product is backed by Certain Underwriters at Lloyd’s and “unites [the company’s] experience and understanding of the physician disability insurance market with Lloyd’s innovative environment and financial strength,” a release said. It has been designed specifically with physicians in mind and is the newest addition to MGIS’s IncomeProtect product line.
“MGIS enjoys a strong reputation and rich history of providing high-value income protection for physicians,” commented MGIS CEO Jeff Brunken. “With our new high-limits product, we can now offer even higher replacement amounts complete with many of our market leading product features to physicians who need it. It’s an honor to be working with Lloyd’s to introduce this to the market.”
“Physicians understand the value of income-replacement protection,” added MGIS vice-president of sales, group benefits Kurt Meyer. “Their challenge is knowing where to acquire the right type of coverage and the right amounts. With this new product, we can provide that continuum of coverage. We’re excited to offer this to our brokers and their clients.”
“MGIS is committed to offering only high-value, highly differentiated insurance products for physicians. We believe we offer the best combination of income-replacement insurance solutions for physicians,” added Brunken.
MGIS’s IncomeProtect “HIGH LIMITS” program was made available in most states starting yesterday (June 18, 2018).
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