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Case of the Quarter: Financial Services Company Finds Solution to Bridge Income Exposure

Recently, this financial services group added The Standard’s Platinum Advantage GSI Individual Disability Insurance to its company’s benefits package. The GSI IDI plan specifically includes employees who did not reach target income replacement thresholds with group LTD coverage. 

A local partner with experience writing GSI IDI plans from The Standard was able to connect the dots for this financial services client. With a dependable, versatile product and simple enrollment process, this group has provided peace of mind for its top-earning professionals with protection in case of a disabling event.

Industry
Financial Services

GSI Plan Size
32 employees earning > $100,000/yr.

In-Force Group LTD Coverage
60% to $5,000 (base salary only)

GSI Solution 
60% to $12,500
(base salary and bonus income)

Additional GSI Benefits
Gender-neutral rates

Portable policies

Family Care Benefit

Basic Residual Disability Rider

Noncancelable Policy Rider

Regular Occupation Extension Disability Rider

Discount
20%

Annual Premium
$42,124

For Producers Only


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