Platinum Advantage Gives Employers Strong, Personalized Income Protection

August 10, 2022

The Standard offers Platinum Advantage Guaranteed Standard Issue Individual Disability Insurance to meet your clients’ needs. This coverage protects their high-income employees if they become too sick or injured to work for a period of time.

GSI IDI is designed to reduce income coverage gaps, even after long term disability coverage, for high-earning employees. It can cover salaries as well as incentive pay or bonuses. Platinum Advantage plans also include:

  • Guaranteed renewable and noncancelable rates
  • Unisex rates with premium discounts
  • Portability with individually owned policies

Add Value to Employee Benefits

Many organizations may choose to provide higher LTD coverage for an entire employee population to ensure adequate income replacement. However, covering all employees at the higher level can be costly ― and may leave high earners with income gaps. With Platinum Advantage, your clients can strategically manage their employee benefits offering. LTD can cover all employees while GSI IDI layers on top of LTD to cover high earners who may have significant income gaps. GSI IDI coverage can continue to grow as employee incomes increase.

When you select The Standard, you receive first-in-class service. You’ll experience easy-to-use processes to meet the needs of your clients including simple online enrollment for employer-paid cases of 15+ employees.  

Deliver Options Through Riders

We understand that one size doesn’t fit all. This notion also applies to disability insurance.

Choose The Standard to help employers personalize disability coverage for their needs — at competitive rates and discounts.

We deliver personalized income protection with Platinum Advantage features, including:

  • Family Care Benefit* is a unique feature that The Standard offers. With this, employees receive benefits if they have a loss of income from taking time away from work to care for a family member with a serious illness or health condition.
  • Own Occupation Rider pays total disability benefits if policyowners can’t do the substantial and material duties of their regular occupation — even if they earn an income doing something else.
  • Residual Disability Riders provide income protection for employees who are able to work with a partial disability that results in a loss of time, duties or income.

With these features, your clients can select coverage that meets their priorities for the needs of their business.

Provide Protection With The Standard

GSI IDI coverage protects what matters most to your clients and their employees. The Standard is known for helping people achieve financial well-being and peace of mind. And we’re here to deliver a personalized experience for you and your clients.

For more information about Platinum Advantage GSI IDI, check out our Quick Guide.

* The Family Care Benefit is not available in California or New York.

For Producers Only