Business Details
37 Years
experience
Trusted Disability Insurance Solutions for Healthcare Professionals
InsMed Insurance Agency has been dedicated to providing comprehensive disability insurance solutions for healthcare professionals since 1989. Our mission is to demystify the complexities of disability insurance contracts, ensuring clients understand how these provisions address real-world scenarios. We specialize in tailored coverage for physicians, medical students, residents, and healthcare institutions, addressing gaps in employer-provided plans. With a focus on financial wellness, we offer products that protect income, student loans, business obligations, and retirement goals. Our independent approach allows us to recommend the most competitive products without contractual obligations to insurers. Our team brings decades of experience in disability insurance, having worked directly with healthcare institutions since the late 1980s.We prioritize client education through insightful content and personalized support, helping professionals navigate contractual terms and select coverage that aligns with their immediate and long-term needs. Our institutional services streamline the administration of voluntary insurance programs for large groups, reducing administrative burdens for HR teams. We maintain a commitment to innovation, adapting to industry changes while preserving our independence to serve clients' best interests. Our leadership team combines deep industry expertise with a dedication to community service, reflecting our values of trust, expertise, and client-centric solutions.
Services
Disability Insurance
Student Loan Protection
Business Overhead Insurance
Retirement Contribution Protection
Group Disability Programs
Details
- Year established: 1989
Highlights and features
- We offer independent, unbiased recommendations without insurer contracts
- Our team has over 30 years of experience in healthcare disability insurance
- We specialize in filling gaps in employer-provided disability coverage
- We provide tailored solutions for medical schools and large institutions
- Our educational resources demystify complex insurance contract provisions
What people say
Comprehensive coverage options
Knowledgeable staff
Effective program implementation
Tailored solutions
Reliable support
Services
Disability Insurance
We provide guaranteed issue disability insurance programs tailored for healthcare professionals. Our policies protect against income loss due to disability, covering physicians, residents, and medical students. We help clients understand contractual terms and select coverage that addresses specialty-specific risks while ensuring compliance with tax regulations and retirement planning considerations.
Student Loan Protection
Our insurance products address student loan obligations during disabilities. Policies reimburse monthly payments and prevent interest accrual, specifically designed for healthcare professionals with private or federal loans. We ensure coverage aligns with disability duration requirements and occupational limitations while maintaining affordability and accessibility.
Business Overhead Insurance
This coverage maintains practice operations during partner disabilities. Policies replace monthly expenses including payroll, rent, and operational costs for 12-24 months. We structure solutions to preserve business viability, ensure patient care continuity, and protect practice valuation during transitional periods caused by unexpected disabilities.
Group Disability Programs
We implement voluntary disability insurance programs for medical institutions. Our full-service approach handles administration, communication, and compliance for employer-sponsored plans. We tailor offerings to accommodate varying specialties, income levels, and tax considerations while minimizing administrative burdens for institutional HR departments.
Retirement Contribution Protection
Our policies address retirement savings risks during disabilities. Coverage maintains qualified plan contributions according to IRS regulations, preserving long-term financial security. We design solutions that integrate with existing retirement strategies while ensuring compliance with tax code requirements for both individual practitioners and institutional employers.
People
David Blake
Founder and President
David founded InsMed in 1989 after starting his insurance career at Paul Revere Insurance Company in 1985. He specializes in disability insurance for healthcare institutions and serves on multiple industry leadership boards while supporting nonprofit initiatives focused on wellness and human connection.
Morten Sorensen
Executive Vice President
Morten has served InsMed for over 25 years, managing client relationships and national accounts. With a Master of Science degree from Aarhus School of Business, he focuses on institutional client satisfaction and supports charitable initiatives for abandoned children in Nigeria.
Jennifer Andr
Accounting & Finance
Jennifer manages financial operations at InsMed, ensuring accurate accounting practices and financial compliance. She works closely with institutional clients to maintain proper financial documentation and reporting for insurance programs.
Dave Radansky
Sr. Account Manager
Dave provides dedicated account management services, assisting healthcare professionals with policy selections and coverage needs. He ensures smooth implementation of institutional insurance programs and maintains client relationships.
Sue McGauley
Sales Director
Sue leads sales initiatives at InsMed, developing strategies to expand insurance offerings for medical institutions. She works with healthcare organizations to implement comprehensive disability protection programs for their professionals.
Questions
What makes InsMed's disability insurance different from other providers?
Our independence allows unbiased recommendations, and our healthcare specialization ensures coverage tailored to medical professionals' unique needs.
How do you help institutions implement disability insurance programs?
We provide full-service support including administration, communication, and compliance management for employer-sponsored plans.
Can individual policies cover student loan payments during disability?
Yes, our policies reimburse monthly payments and prevent interest accrual for healthcare professionals with student loan obligations.
What business protection options exist for medical practices?
We offer overhead expense insurance covering 12-24 months of operational costs during partner disabilities.
How do you address retirement contribution risks during disability?
Our policies maintain qualified plan contributions according to IRS regulations, preserving long-term financial security.
Do you offer coverage for medical residents and fellows?
Yes, we specialize in disability insurance for residents, fellows, and graduating medical students.
