Transition Rules

Residency Multi-Life Discount - California
Effective April 20, 2021

Residency Multi-Life Discount Increased From 10% to 15% in California, starting April 20, 2021.

The Residency Multi-Life Discount will provide a 15% discount on Platinum Advantage to residents, interns and fellows at most ACGME, AOA and CODA institutions in California.

Fully Underwritten Applications

  • Applications pending an underwriter decision April 20, 2021. We’ll issue a policy with the 15% Residency Multi-Life Discount to eligible applicants who have requested the discount.
  • Policies pending delivery or accepted with an effective date on or after March 20, 2021. Eligible applicants may request the 15% discount. We must receive the request in the home office by May 20, 2021.
  • Eligible insured individuals with policies that have an effective date on or before March 20, 2021. Applicants must submit a new application to receive the 15% discount.

Increase Options 

  • Base policies with a 10% Residency Multi-Life Discount and increase effective date on or after March 20, 2021 not yet issued for delivery. We’ll issue increases as a new policy with the 15% discount.
  • Increases pending delivery or accepted with an effective date on or after March 20, 2021. Eligible insured individuals may request the increase be reissued with the 15% discount. We must receive the request in the home office by May 20, 2021.
  • Base policies with a 10% Residency Multi-Life Discount and increase effective date before March 20, 2021. Applicants are not eligible for the 15% discount.