INSURANCE FOR RESIDENTS As part of our mission to advance the economic welfare of Saskatchewan physicians, the SMA recognizes insurance as vital, not only to members, but also their families and employees. In partnership with the University of Saskatchewan, residents have not only full membership with the SMA but also are eligible for SMA life and disability insurance coverage as part of their benefit package paid for by the University of Saskatchewan (U of S) through the Resident Doctors of Saskatchewan (RDoS) contract. Residents complete three applications to access these benefits:
1. Life insurance: • • • •
•
Two units life insurance: $100,000 with waiver of premium rider No medical underwriting Name any beneficiary Premiums paid by University of Saskatchewan through RDoS agreement (except for optional future insurance option rider) Additional life insurance up to $5,000,000 available for you and your spouse
2. Disability insurance: • • •
Maximum based on PGY Medically guaranteed to $2,500/month Premiums paid by University of Saskatchewan through RDoS agreement.
Coverage can continue and be increased throughout residency and following residency whether or not you remain in Saskatchewan. Contact insurance@sma.sk.ca for more details. Level
Coverage available
PGY1
$4,900
PGY2
$5,400
PGY3
$5,800
PGY4
$6,300
PGY5
$6,700
PGY6
$7,200
Premiums paid by U of S through RDoS contract. Application forms must be completed. Coverage is not automatic. For more information, contact: Jenna Duff, Coordinator, Insurance Email: jenna.duff@sma.sk.ca
Your insurance will evolve with you as you transition from resident to practising physician, whether or not you stay in Saskatchewan. Saskatchewan Medical Association
MEMBERSHIP GUIDE | 2020
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