Find protection

Life is unpredictable. But at Dalhousie Medical School, we’ve made sure to put safety nets in place so that if the unexpected happens, your finances are protected. As a medical student, you have access to unique insurance benefits, including disability and term life insurance.

Disability insurance

The affordable Ontario Medical Association's (OMA) disability plan is designed to protect you if you fall seriously ill or are unexpectedly injured. If either of these scenarios causes you to take more than 60 consecutive days off during your four years of school, this insurance will provide you with a monthly, tax-free income of $1500 to $4000—until you’re well enough to return to school.

Benefits are payable to age 65, should you remain disabled for a longer period of time.

Term life insurance

As long as you remain a medical student, you’re entitled to $100,000 of free life insurance, with no proof of good health required. And once you’ve graduated, you can keep the insurance as long as you pay your premiums.

This insurance will pay your beneficiary the full $100,000, tax-free, in the event of your death. It can also be an affordable way to protect the debt on your line of credit, instead of paying higher premiums for creditor insurance.

For more information on insurance, get in touch. There are other options for life and disability insurance through the Canadian Federation of Medical Students (CFMS).