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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Carriers See Brighter Disability Claims Picture

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By Allison Bell January 31, 2012 • Group disability insurance claims incidence is still higher than StanCorp Financial Group Inc. would like, but the ratio of benefits paid to revenue started to improve some in the fourth quarter of 2011, the company says. StanCorp, Portland, Ore. (NYSE:SFG), the parent of the Standard, is reporting $39 million for the fourth quarter …

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Standard Insurance Disability Insurance Changes

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The Standard: Physicians and dentists group long term disability coverage is not considered when determining the amount of available coverage for those applying under the new-in-practice limits during their first two years in professional practice. New-in-practice limits are available if the applicants are new in practice or within 180 days before completion of their medical residency or fellowship. Up To …

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