Spring 2010
Employee Benefit News
Selling simplicity: comprehensive income protection in a single disability plan
With rising expenses, smaller staffs and shrinking budgets, it’s more important than ever for employers to find a cost-effective, time-saving employee benefits plan. That’s why Standard Insurance Company has recently launched an employee benefits plan that controls costs and saves time: All In One Disability insurance. Available in most states, All In One Disability combines group Short Term and Long Term Disability coverage in one simplified package. Employers get a plan that’s simple to administer, while employees get the robust benefits they need to help protect their income.
Here are some of the other features of All In One Disability:
- An Own Occupation definition that includes a more refined “own job” period, which is based on a claimant’s particular job with their employer
- 90-Day Preexisting Condition waiver: Benefits payable up to 90 days even if the disability was caused by a preexisting condition
- A menu of optional benefits you can use to customize the coverage (such as optional benefit waiting periods)
- Available to any employer with 10 or more employees
- Either employer-paid or employee-paid plans
This policy has exclusions, limitations, reductions of benefits and terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage please contact your insurance advisor or the Employee Benefits Sales and Service office for your area.
Learn more about All In One Disability.