Guest physiology Posted June 10, 2004 Report Share Posted June 10, 2004 Did anyone go through that package on disability insurance? Is anyone considering getting it right now? I was leafing through the old UBC forum posts and Ian recommended getting it between M2 and M3. I just don't want to waste money, especially when I don't have much to spend in the upcoming year. Link to comment Share on other sites More sharing options...
Guest soapyslicer Posted June 11, 2004 Report Share Posted June 11, 2004 Hi physiology, Go and talk to MD management. I met with Kari Woo and she gave me a pile of info on DI. They actually work in concert with the CMA and UBC F of Med. She had a alot of good advice without trying to push anything. Her job is just to help you understand it all and then make your own decision. Soapy Link to comment Share on other sites More sharing options...
Guest physiology Posted June 11, 2004 Report Share Posted June 11, 2004 Hi soapy, Did you get your LOC through them as well? I'm going through RBC. Physio Link to comment Share on other sites More sharing options...
Guest jmh2005 Posted June 11, 2004 Report Share Posted June 11, 2004 I don't think there is a need to rush into disability insurance at this stage...I'm 11 months from graduating (hey, who's counting??) and I still haven't bought any. I will when I'm a resident however, but I would also agree with Ian's advice, once you start clerkship it might be a good idea, especially if you are hospital-naive (which I wasn't, having worked in several for 3 years before starting meds...its truly amazing what you can contract during your first year of full-time work in a hospital!!). All the best Link to comment Share on other sites More sharing options...
Guest soapyslicer Posted June 11, 2004 Report Share Posted June 11, 2004 Hi Physiology, I am going with the National Bank. It is capped per year which shouldn't be a problem as my husband makes a good wage. I also like that you do not have to re-negotiate the LOC at the end. This means it stays at prime unlike some which switch to approx 8%. I have some friends that had big problems with the CIBC LOC so didn't want to go there. The only one that was close was the RBC and I did't want the temptation to live outside my means. As I am not as young as almost everyone else(except tigerman so far) I am not interested incoming out the other end with $100,000-$200,000 debt. I am fortunate to have finished my BSc and MSc with no student loans or other debt so I figure why start now. If things go ok I hope I don't have to use any of the money. On the other hand I could really use a new car:o Time for a nice long soak in a hot bath with a good book. Figure I had better enjoy the quiet while it lasts soapy Link to comment Share on other sites More sharing options...
Guest Edwarder Posted July 1, 2004 Report Share Posted July 1, 2004 Quote: "...its truly amazing what you can contract during your first year of full-time work in a hospital!!)." Can you elaborate on why you think it is especially true for people who are "naive to working in a hospital"? What sort of things are you talking about here? Ed Link to comment Share on other sites More sharing options...
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