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Essentials Offer

Simple, valuable bundled insurance solutions

The Essentials Offer is a bundled package of several insurance products with coverage designed specifically for OMA members. Essentials Offer provides the following:

Designed to help you save

One of the most exclusively priced insurance options offered by OMA Insurance.

Plenty of coverage options

Choose to have Group Term Life Plus 75 Insurance, Disability Insurance and/or Professional Overhead Expense coverage.

Stability and reliability

Enjoy the confidence of knowing that your financial needs and those of your family can still be met if an illness or accident were to occur.

Exclusive partnerships

OMA Insurance has exclusive partnerships with the Canadian Federation of Medical StudentsOntario Medical Students Association and Black Physicians’ Association of Ontario for students, residents and practicing physicians.

Choose the offer based on your career stage.

Each bundled offer includes multiple insurance products with coverage designed specifically for OMA members.

Essentials Offer for Students and Residents

  • Essentials is designed to provide personal financial protection and gives you the flexibility to combine coverage that continues through medical school, residency and into practice. You can count on OMA Insurance to provide you with products to protect you when you need it the most and help you kickstart your retirement savings. This offer is uniquely designed exclusively for you.
  • Up to $4,500 per month Disability Insurance.
  • Choice of step or level premium options for Disability Insurance.
  • $200,000 of Group Term Life Plus 75 Insurance (complimentary throughout medical school).
  • Students can participate in the OMA Advantages Retirement Plan™ to start saving through a Tax-Free Savings Account or Registered Retirement Savings Plan with no administrative fee for four years post-enrolment with a low monthly contribution amount.1
  • Enroll in the plan in your first year of medical school without any medical tests or health questions asked.
Learn more

Essentials Offer for International Medical Graduates

  • OMA Insurance’s offer for international medical graduates provide coverage that continues throughout residency and into practice. Should an illness or injury occur, members can count on a solution with unique benefits and features.
  • Up to $4,500 per month Disability Insurance.
  • Choice of step or level premium for Disability Insurance.
  • $200,000 of Group Term Life Plus 75 Insurance.
  • Apply by August 31 in the year residency training starts.
Learn more

Essentials Offer for Physicians

  • It’s time to reflect and celebrate on completing your residency or fellowship. This change also means your resident association insurance coverage will end and you need an option to stay protected — especially when you’re getting ready to start your own medical practice. Now is the time to top up existing or secure new insurance coverage.
  • Up to $11,000 per month Disability Insurance.
  • Choice of step or level premium options for Disability Insurance.
  • Up to $5,000 per month Professional Overhead Expense.
  • $200,000 Group Term Life Plus 75 Insurance.
  • Apply within 60 days prior to or 120 days after the date you complete your residency or fellowship program.
Learn more


Contact us

To learn more about OMA Insurance programs call

(Monday – Friday 8:45am – 5pm ET)

Or speak to an advisor

Our 30- day satisfaction guarantee

If you are not satisfied with your coverage, simply return your insurance certificate to Manulife within 30 days of receiving it, and any premiums paid for the coverage will be promptly refunded.2