Business Details
20 Years
experience
Trusted Disability Insurance Solutions for Medical Professionals
Since 2006, MR Insurance Consultants has specialized in providing tailored disability insurance solutions for physicians and healthcare professionals. Our mission centers on delivering objective education, personalized policy comparisons, and ongoing support to ensure clients secure coverage aligned with their medical specialties and financial goals. With expertise in Own-Occupation policies and access to multiple insurers, we prioritize transparency and client education over sales pressure.Our team includes Certified Financial Planners and licensed professionals dedicated to simplifying complex insurance products. We emphasize long-term client relationships, offering policy management and adjustments as clients' careers evolve. Our experience in underwriting nuances for medical professionals ensures informed guidance through every stage of the insurance process.
Services
Disability Insurance
Term Life Insurance
GSI Programs
Policy Riders
Resident Coverage
Fellow Benefits
Benefit Increases
COLA Adjustments
Partial Disability
Policy Customization
Details
- Year established: 2006
Highlights and features
- We specialize exclusively in disability insurance for medical professionals since 2006
- Our team includes Certified Financial Planners with deep underwriting expertise
- Offer Own-Occupation policies protecting specialty-specific income streams
- Provide Guaranteed Standard Issue programs eliminating medical exams for residents
- Commit to transparent, education-focused consultations without sales pressure
What people say
Expert guidance
Transparent process
Specialized knowledge
Tailored solutions
Responsive support
Services
Disability Insurance
Specialized disability coverage for medical professionals protects income when injuries or illnesses prevent work. Policies include Own-Occupation definitions ensuring benefits even if working in different specialties. Designed specifically for physicians, residents, and healthcare providers with underwriting expertise.
GSI Programs
Guaranteed Standard Issue programs allow medical residents and fellows to obtain coverage without medical exams. Available through select insurers, these policies maintain comprehensive benefits while streamlining the application process for early-career professionals.
Policy Riders
Optional policy additions like Cost of Living Adjustments, Benefit Increase Options, and Partial Disability Benefits customize protection. Riders help maintain purchasing power during long-term claims and accommodate future income growth without additional medical screenings.
Term Life Insurance
Temporary life insurance solutions provide financial security during critical earning years. Designed for physicians with dependents, these policies offer level premiums and death benefits covering mortgages, student loans, and family needs during specified coverage periods.
Resident Coverage
Tailored insurance options for medical residents and fellows protect future earning potential. Includes lower initial benefit amounts, graded premium structures, and specialized underwriting considerations to accommodate trainees' unique financial situations and career trajectories.
People
Michael L. Relvas
Founder / CFP
Established MR Insurance Consultants in 2008 to provide objective disability insurance guidance. Holds FINRA securities licenses and insurance licenses in all 50 states. Specializes in helping physicians navigate complex policy options with transparent education-focused consultations.
Catarina R. Green
Financial Representative
Licensed insurance professional with extensive experience in life and disability coverage since 2006. Prioritizes client education and long-term financial security planning. Holds active licenses in California and Arkansas with specialization in physician-focused insurance solutions.
Questions
What disability insurance options exist for medical residents?
Residents qualify for Guaranteed Standard Issue programs without medical exams. Policies include specialty-specific Own-Occupation coverage with options for future benefit increases as incomes grow.
How do Own-Occupation policies benefit physicians?
Own-Occupation definitions provide benefits when disabilities prevent working in your medical specialty, even if you work in another occupation. This protects specialty-specific income streams critical for physicians.
Can I adjust coverage as my income increases?
Benefit Increase Option riders let you raise coverage amounts without new medical exams. Adjustments require income verification but accommodate physicians' career-long earnings growth.
What payment options are available for policies?
Policies offer level premiums remaining constant until age 65 or graded premiums starting lower and increasing annually. Payment structures accommodate residents' initial lower incomes with future adjustments.
How does the underwriting process work?
Underwriting considers medical history, financial status, and specialty risks. Residents often qualify for streamlined processes while attending physicians may require more detailed evaluations based on individual circumstances.
What happens if I change medical specialties?
Own-Occupation policies maintain benefits based on original specialty definitions. Changing specialties doesn't affect existing coverage's protection parameters while working in the new field.
