Graduate Guarantee Acceptance Program

Get important insurance coverages with no medical exam or health questions required. This limited-time offer, available from the AVMA LIFE Trust, ends 60 days after you graduate and is available only to eligible SAVMA members.

Consult this helpful guide and choose from the following coverages:

Basic Protection

Available with Long-Term Disability, this package includes Decreasing Term Life, Accidental Death & Dismemberment, and $600 annual Rabies Prophylaxis benefit

Long-Term Disability Income

Helps protect your income if you suffer a covered disability for an extended period

Up to $5,500/month (includes up to $3,500 LTD monthly benefit plus $2,000 Future Purchase**)

Short-Term Disability Income

Helps protect your income for the first six months of a covered disability, including maternity

Up to $500/month

Supplemental Student Loan Disability

Helps pay for your student loans if you suffer a covered disability

Up to $500/month with up to five years of maximum benefits

Family Group Life

Helps take care of your family if you are gone so they can maintain their quality of life

You: $100,000
Spouse/domestic partner: $50,000
Eligible children: $5,000 or $10,000 each

Accidental Death & Dismemberment

Can pay you in addition to your life insurance for death resulting from a covered accident

You: $100,000
Spouse/domestic partner: $50,000

Hospital Indemnity

Helps you pay for days of covered hospitalizations or outpatient surgical procedures

Up to $100/day for you and your eligible dependents

Critical Illness

Can pay a lump sum benefit upon diagnosis of specific diseases

You: $10,000
Spouse/domestic partner: $5,000

Professional Overhead Expense

Helps pay for your business expenses while you are unable to work due to a covered disability

$300/month

Is your life protected?

Protect Your Veterinary Career

Once you've obtained your veterinary license, it's time to set up professional liability and license defense coverage through AVMA PLIT. With your assets covered and your license and future protected, you can go to work knowing that we'll be right alongside you every step of the way.

Professional Liability and Veterinary License Defense

If you have professional liability coverage through AVMA PLIT and you are accused of professional malpractice, the program will vigorously defend you and pay the costs that you become legally responsible for due to allegations of professional negligence. Coverage automatically extends to veterinary-related activities such as speech making, consulting, clinical instructing, and serving as a member of a licensing or veterinary accreditation board.

As veterinary licensing agencies more aggressively investigate complaints, disciplinary board actions are increasing. Finding an attorney qualified in regulatory matters is hard enough, then you have to pay his or her fees. Veterinary License Defense coverage responds to complaints against your veterinary license, including frivolous accusations that could cost you thousands of dollars out-of-pocket to defend (subject to policy terms, conditions, and exclusions).

Is your career protected?

Protect Your Car and Home or Apartment

Graduating and starting your career often come with other big changes, like finding a place to live and purchasing a new car. The AVMA Trust has you covered there, too, with homeowner’s, renter’s, and auto insurance.

Personal Insurance

With personal insurance through the AVMA Trust:

• Ensure better control of price over time
• Receive the most competitive rate from one of our 15 A-rated partner carriers
• Gain access to occupational discounts (for veterinary professionals)
• Potentially qualify for discounts (from select carriers) for carrying both personal and business insurance
• Provide support to your veterinary profession

Are your valuables protected?

Why choose the AVMA Trust?

Protection for more than 65 Years

Our program is vetted by professionals – professionals who understand the challenges and rewards of being a veterinarian because they are veterinarians.

When you protect your life and career through the AVMA Trust, you not only combine your buying power with 67,000 other veterinarians to enjoy market leverage and tailored product offerings, you’re backed by a team of doctors – the trust Veterinarians – advocating for you.

The Trust Veterinarians

The Trust Veterinarians are your advocates and have many years of practice experience. They put that experience to work for you by:

• Speaking directly with veterinarians who call the Trust
• Reviewing every reported professional liability claim
• Referring the insurance carriers to qualified veterinary experts to assist in defense
• Providing professional guidance to the insurance carriers and their attorneys
• Providing educational content for an array of state and national publications  

It's time to partner with the Trust.

Resources for New Graduates

New Grad Checklist

Are you ready for day one as a DVM? As you prepare for your first day in practice, it is important to be sure you have protection in place for whatever comes your way. Use this checklist to help ensure you're ready.

What's the big deal?

It’s easy to dive right into your first job without making sure that you’re adequately protected. Use this guide to help discuss professional liability (malpractice) coverage with your employer and ensure that you understand what’s included.

Webinar: Risk management for Early-Career Veterinarians

While we can’t always predict or control everything that happens in veterinary practice, we can prepare for the unexpected and plan how to respond. Discover key steps you can take to avoid common risk management pitfalls as you start your veterinary journey. You’ll learn how to protect yourself and your career right from day one.

Ready to get started?

*AVMA LIFE Trust's Guaranteed Acceptance coverage is available for a limited time when eligible SAVMA members graduate and includes only the Disability Income, Term Life, Professional Overhead Expense, Accidental Death & Dismemberment, Basic Protection, Supplemental Disability, Critical Illness and Hospital Indemnity Insurance. These coverages are underwritten by New York Life Insurance Company (NY, NY 10010) on Group Policy Form GMR. Higher amounts of coverage may be applied for but will be subject to satisfactory evidence of insurability and insurance company approval. New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, and Puerto Rico. However, not all group policies it underwrites are available in all jurisdictions. Please check the eligibility sections for current availability. New York Life's state of domicile is New York and NAIC ID #66915. Talk with the Trust for more information about each product, features, costs, eligibility, rewardability, exclusions and limitations.

**If income supports a higher monthly benefit than $3,500, you may request a monthly benefit up to $5,500. The Future Purchase Option (FPO) available on a Guaranteed Acceptance basis will be reduced accordingly so the combined Long-Term monthly benefit and FPO does not exceed the $5,500 limit..

AVMA LIFE Trust Program Administrator
Pearl Insurance
1200 E. Glen Ave.
Peoria Heights, IL 61616
Email: CustomerService@avmalife.org
Tel: 800.621.6360
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Arkansas Insurance License #1322
California Insurance License #0F76076

NYL-5032628.3 3/23

AVMA PLIT Program Administrator 

Address: PO Box 1629, Chicago, IL 60690-9850
Tel: 800-228-PLIT (7548)
Email: info@avmaplit.com

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