Guardian increases disability insurance coverage for NPs, PAs

NEW YORK — The Guardian Life Insurance Company of America, a mutual life insurer and a provider of individual disability income insurance, has announced new options for nurse practitioners and physician assistants interested in individual disability income insurance.

 

Under Guardian’s Special Limits for New Professionals Program for NPs and PAs, certified first-year NPs and PAs are now eligible for up to $10,000 in individual DI coverage without proof of income, and final year students can receive up to $6,000 in coverage. Among the fastest-growing occupations in the medical arena, these professions are expected to grow nearly 38% over the next eight years, compared with an 11% expected growth rate for all occupations.

 

"The educational requirements for NPs and PAs have increased considerably over the last few years, with many employers now requiring advanced degrees for these positions. New professionals often incur student loan debt that far exceeds their current income," said Gordon Dinsmore, SVP, disability income insurance. "Guardian now provides NPs and PAs with flexible, robust coverage that factors in their future income potential and protects against the financial impact of a disability.”