Protector Platinum

With every Protector Platinum policy, the Own Occupation definition of disability truly applies to all occupation classes. So, if you have narrowed your practice to a professionally recognized specialty in medicine or law, for example, then that specialty is considered your own occupation.

We pay a monthly benefit if the insured has a loss of earnings of 20 percent or more while caring for a loved one with a serious health condition. A loved one includes a parent, a spouse or domestic partner, or a child (including an adopted child or stepchild of a spouse or domestic partner).

For individuals under age 60, we raise the policy's basic monthly benefit by 4 percent each year during the increase period without evidence of insurability.

We pay benefits to insureds who cannot work in their regular occupations because of a total disability, as defined by the policy.

The insured is eligible for the total disability benefit if an injury or illness results in loss of speech, hearing, sight or the use of two limbs, as defined by the policy.

If the insured is partially disabled, we'll pay 100 percent of the basic monthly benefit for the first six months regardless of the income the insured earned while returning to work. Afterward, we pay a portion of the benefit based on the amount of income lost that month.

If the insured participates in a rehabilitation program to prepare for returning to full-time work, we'll pay for part or all of the costs.

After the insured recovers from a disability, we pay recovery benefits if the insured continues to experience a loss of income due to the injury or sickness that caused the disability.

There are no coverage limitations on the benefits we pay for disabilities caused by mental disorder or substance abuse.

We'll pay a survivor benefit for three months beyond the date of the insured's death, if the insured dies while disability or recovery benefits are payable.

We pay a monthly benefit if the insured is disabled more than six months after the policy's effective date from a sickness or injury caused by cosmetic or transplant surgery.

We waive all premiums due under the policy while disability or recovery benefits are payable.

Coverage is guaranteed renewable to age 65 or to the termination date (the policy anniversary after age 67) as long as the premium is paid on time. We will not change any part of the policy, except for the premium. Even then, we may only change the premium after the policy is three years old and if the change applies to all policies with similar benefits insuring the same risk class.

As the insureds advance in their careers, their income will likely increase. This option allows them to purchase increases in their coverage once per year without medical evidence of insurability.

This rider locks in premium rates as long as the premiums are paid by the end of each grace period.

With this rider, the monthly benefit will increase by up to 3 or 6 percent annually while your client remains disabled, based on changes in the Consumer Price Index.