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ADA Income Protection
Semi-Annual Cost for each $1,000 in Monthly Coverage |
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|---|---|---|---|---|
| Waiting Period | ||||
| Your Attained Age2 | 180 days | 90 days | 60 days | 30 days |
| Under 30 | $46.25 | $50.03 | $58.85 | $74.16 |
| 30-34 | $65.02 | $71.01 | $82.72 | $102.95 |
| 35-39 | $80.77 | $88.02 | $102.07 | $125.12 |
| 40-44 | $98.66 | $107.61 | $125.06 | $152.46 |
| 45-49 | $112.77 | $122.92 | $142.26 | $172.31 |
| 50-54 | $148.56 | $162.92 | $189.76 | $231.84 |
| 55-59 | $162.99 | $179.24 | $204.25 | $245.96 |
ADA Income Protection combines sought-after "own occupation" disability income protection to age 65 with rates that are among the lowest anywhere. With coverage that's designed specifically for dentists, plus benefits that can be paid all the way to age 65 (regardless of your age at the time of disability), the ADA Income Protection Plan may be the best disability insurance value you find.
Rates shown here are semi-annual premiums for each $1,000 of monthly coverage. These rates are exclusively for ADA members and will apply to any coverage you purchase.1 Rates for optional coverage are shown below; for some options, your premium is a flat fee based on your age. Please note that the ADA strongly recommends the Residual Plus option indispensable for today's practicing dentist because it provides maximum value for your premium dollar.
A Premium Credit of 37% reduces your gross rates. The Premium Credit applies to all participants and is available in advance, meaning your very first premium will reflect a Premium Credit discount. The rates in this table reflect the current Premium Credit discount.
The rates shown here assume you pay premiums semi-annually (due May 1 and November 1) and reflect the current Premium Credit. All rates are based on your Attained Age2 and coverage amount, your chosen waiting period, the options you elect, the current Premium Credit, and your payment preference.3 Click here for more information about eligibility, coverage features, options, and renewability.
1 Coverage is subject to medical underwriting and is not guaranteed issue. Coverage is effective on the date your application is approved by Great-West Life.
2 Your Attained Age is your age on the first day of the month following your birthday. When your Attained Age changes during a billing period, your rates are proportionately blended.
3 Your payment preference may affect your premiums slightly. A 2% service charge will apply to premiums paid by monthly Autopay.
4 Coverage can be increased or modified until age 60, and it is renewable all the way to age 70. Contact us at 866-607-5338 or ada@gwl.com for rates beyond age 59.
5 The Future Increase Option must be purchased before age 50 and is renewable to age 55. It is not available after age 55.
6 The COLA Option must be purchased before age 50 and is renewable to age 60.