Standard to Offer New Benefit Period

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Standard Insurance announced today they will now offer an age 65 benefit period option on their Protector Platinum disability insurance policies. Previously, they only offered a 2 year, 5 year and age 67 benefit period. The expected reduction in premium from age 67 to age 65 is approximatley 4%. For more information about disability insurance or disability insurance from Standard …

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Disability Insurance Bonus Income

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Disability Insurance: Bonus Income Income and participation limits for disability insurance are based on your income. For group insurance policies, this income typically relates to your base salary and does not cover any bonus income. As such, group insurance policies may cover significantly less than you had anticipated. For example, I was working with a client of mine this week …

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Disability Insurance Reinstatement

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Disability Insurance Reinstatement I had a call today from a client who purchased a policy from another broker over 15 years ago. When he moved, he failed to change his address. As a result, he didn’t receive his premium notice and the policy lapsed. By the time he received the notification, he found out he had to go through reinstatement. …

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Disability Insurance for Periodontists

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Disability Insurance for Periodontists Periodontists have very specific needs when it comes to disability insurance. First there is the need to protect their personal income. These premiums are paid for from a personal bank account and the benefits are paid tax free. When periodontists are shopping for an individual disability insurance policy, it is important that their coverage provides an …

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Disability Insurance for Endodontists

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Disability Insurance for Endodontists Endodontists have very specific needs when it comes to disability insurance. First there is the need to protect their personal income. These premiums are paid for from a personal bank account and the benefits are paid tax free. When endodontists are shopping for an individual disability insurance policy, it is important that their coverage provides an …

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