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Case of the Quarter

This health care company takes care of its employees by providing a large range of benefits. But the company realized that its 30 employees who are VPs and above would be at an income-replacement disadvantage if they were unable to work for an extended period of time due to injury or illness.

The solution? The company bought them an extra layer of protection with The Standard’s GSI.

This employer also switched to The Standard’s LTD. This change ensures a seamless income protection solution that makes it easier for the employer to administer and easier for employees at claim time. Plus, buying The Standard’s LTD and GSI together came with a larger discount.

Best of all, The Standard delivered a very quick enrollment process to help the company meet a looming deadline. The employer was highly engaged, and promptly provided all required forms and census materials. Working closely with the broker and employer, The Standard was able to set up and complete enrollment in less than two weeks!

Industry
Health Care
GSI Plan Size
30 Vice Presidents and Above
In-Force Group LTD Coverage
50% to $20K
GSI Solution 
60% to $15K
Additional GSI Benefits
Gender-neutral rates
Enhanced Residual Disability Rider
Noncancelable Policy Rider
Catastrophic Disability Benefit Rider
24-Month MDSA Coverage
Portable policies
Discount
30%
Annual Premium
$93,930

For Producers Only


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