Considering Lloyd’s Coverage With Platinum Advantage

Considering Lloyd’s Coverage With Platinum Advantage

Now your top clients with Lloyd’s of London coverage can get even more coverage from The Standard. We’ve changed how we consider Lloyd’s coverage with Platinum Advantage. If an applicant reaches the maximum issue and participation limits based on occupation, we’ll allow the applicant to also apply for Lloyd’s coverage at the same time. This won't reduce the benefit amount for their policy from The Standard.

If the applicant hasn’t reached the maximum I&P limits, we’ll integrate with Lloyd’s coverage up to I&P limits based on income. For GSI, the maximum participation replacement rate is 60%.

For Producers Only

More About Updates
We're adjusting our Platinum Advantage rates and extending discounts to more states. These adjusted rates and discounts for The Standard’s fully underwritten Platinum Advantage product are now available in all states except South Carolina.
The Standard’s Electronic Medical Questionnaire is now available in all states except New York and South Carolina.
Our new sales consultants have extensive individual disability insurance experience and will report to Joe Boland, our new manager, sales operations.
We’ve lowered rates on Platinum Advantage, increased the Preferred Occupation Discount to 20% and launched a new 5% eApply Discount.