Case of the Quarter: Creating Options for GSI IDI Coverage After an Acquisition

There are many factors to consider in a business acquisition. Providing choices for the parent company is essential.

Take a look at our latest case: a national retailing and manufacturing company that was already a GSI client with The Standard. They weren’t quite ready to integrate their new entity into a single benefit structure. So, we created a new GSI IDI plan designed for the acquired company’s employees. This retailer personalized coverage with riders, including Enhanced Residual Disability Rider, Noncancelable Policy Rider, Own Occupation Rider and Catastrophic Disability Benefit Rider.

They continue with separate plans for now. With the strength of Platinum Advantage, they can structure each plan to suit its companies and employees. And they have the option to combine when it’s best for the company.

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