Guaranteed Standard Issue

Help Close the Income Protection Coverage Gap

The long term disability insurance you offer your employees provides income protection — up to a point.

LTD insurance may replace up to 60 percent of an employee's base salary. But it’s often capped at a lower monthly amount. For highly compensated employees, this amount won't cover their income protection needs and will result in a coverage gap.

GSI insurance can help raise the coverage amount. This is especially appealing to high earners. A big plus is that bonuses, distributions and other incentive income are covered. Offering this valuable benefit is a way for you to attract and retain high-earning employees.

How GSI Can Help Reduce the Coverage Gap

Illustration of GSI replacing a portion of earnings not covered by LTD

Assumes LTD plan of 40% income replacement to a $10,000 monthly plan maximum, coordinating with a GSI plan design of 75% replacement to a $10,000 monthly plan maximum, for a combined coverage maximum of $20,000 between plans. This graph is intended for illustrative purposes only.

This graph is intended for illustrative purposes only.

Platinum Advantage GSI is not available in California. Protector PlatinumSM Guaranteed Standard Issue is the available product in California.

 

A GSI plan pays monthly benefits to individuals whose earnings are affected by an injury or sickness. The need for income protection is greater than ever. Statistics show that one in four individuals entering the workforce today will become disabled before retirement.1

Platinum Advantage GSI offers advantages that include:

  • Discounted premium rates
  • No medical underwriting
  • Policies that are portable and individually owned
  • Identical rates for women and men
  • Coverage for employees up to age 99
  • Insurance that covers incentive income
  • Coverage that can grow as incomes increase
Highly paid employee

Platinum Advantage GSI

Platinum Advantage GSI is a flexible income protection plan that can meet your employees' needs. It's available in all states except California.

Protector Platinum GSI is only available in California, Connecticut, Delaware, District of Columbia, Montana, New York, North Dakota and South Dakota.

Protector Platinum GSI

Protector PlatinumSM GSI is only available in California.

Help employees get back to work as safely and quickly as possible through proactive, integrated support.

Long Term Disability Insurance

Help employees get back to work as safely and quickly as possible through proactive, integrated support.


To learn more about GSI and long term disability insurance plans, talk to your broker.