GSI Plans Moving to Platinum Advantage in Approved States

We're happy to announce that all existing GSI plans will move to Platinum Advantage GSI, where approved, beginning Jan. 1, 2018. The new GSI income protection product features industry-leading provisions, such as the Family Care Benefit. This change will be effective starting Jan. 1, 2018.

What's Changing

We'll issue Platinum Advantage policies to all newly eligible employees, starting Jan. 1, 2018. Employees issued policies before January 1 will maintain their current policy on their plan’s prior product.

Notify Your Groups by October 1

We'll send MGA and SMP offices the Notification of Change and Platinum Advantage offer letter for each case in mid-September. We ask that you ensure these letters are delivered to the client groups by Oct. 1, 2017. This will allow us to meet the legal requirement of providing 90 days of notice. A client signature is not necessary.

Please assure your clients that the Platinum Advantage policies issued will match the benefits provided of the previous product as closely as possible.

Talk to Your Regional Director or GSI Sales Representative

Your regional director or GSI sales representative will reach out to you this week to discuss this change and answer any questions you may have.

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.