“Even though many residents and fellows are on strict budgets during their training, there are policies available that provide strong coverage at a benefit amount and cost that match their financial situation.” A new article from ThinkAdvisor by Chris Coy, regional director of IDI Sales at The Standard, shares key features of income protection policies and why medical professionals should obtain this coverage early on.
“With income protection insurance, you can be confident that you and your family will have steady income, even if you are unable to work due to an illness or injury.” In a new Kiplinger article, Jeremy Horner, vice president of the Individual Disability Insurance and Business Transformation Office at The Standard, describes the importance of income protection insurance and five key features of an IDI policy.
“By adding income protection insurance to your practice, you can ensure your clients are protected so that an unexpected event, or disability, doesn’t derail their financial plans.” In a new ThinkAdvisor article, Tawni Johnson, IDI sales manager at The Standard, highlights the overarching reasons advisors should recommend income protection insurance to their clients.
Life is unpredictable, so it’s important to ensure your clients feel prepared if they need to tend to themselves or a loved one. In a new ThinkAdvisor article Jill Frohardt, second vice president of Individual Disability Insurance Sales at The Standard, shares the importance of offering income protection and family caregiving benefits in any policy.
“Physicians see firsthand how often injuries and illnesses can occur, and how an unexpected disability can disrupt a person’s life and their income.” Chris Coy, IDI regional director at The Standard, recently shared his tips with Medical Economics for what physicians should look for in an individual disability insurance policy. Read more about how doctors can protect themselves with the right IDI policy.
Income protection insurance is a vital part of a client’s financial plan. Jill Frohardt, second vice president of Individual Disability Insurance Sales at The Standard, outlines common coverage options to help create customized policies for your clients in a new InsuranceNewsNet article.
“This Disability Insurance Awareness Month, let your clients know that even though they can’t predict the future, they can prepare for it. Individual disability insurance makes sure that they’ll receive steady income in the form of monthly benefits even if they can’t work due to an unexpected injury or sickness,” states Jill Frohardt, second vice president of IDI sales for The Standard. Read more in BenefitsPRO.
For those considering selling Individual Disability Insurance, Brian Lauber, a regional director of IDI Sales for The Standard, dives into how IDI is a practical and necessary coverage option for many. The America’s Benefit Specialist article also details the benefits of IDI versus common IDI misconceptions.
Offering a mix of benefits that provide value to all employees is an essential responsibility of brokers. It’s also a missed opportunity to not proactively inform clients of available solutions to address their executives’ heightened financial risks, including individual disability insurance as part of an executive disability plan. Adam Aschoff, regional director of Guaranteed Standard Issue Individual Disability Insurance Sales, shares more in America’s Benefit Specialists.
Individual Disability Insurance Offers Support and Flexibility to Clients During Unpredictable Times
Some individual disability insurance policies include a family caregiving benefit that pays policyholders if they take time off work to care for a family member with a serious health condition. Patricia Lynch, regional director for IDI at The Standard, explains how caregiving benefits can reduce the financial impact of income loss and medical expenses while providing some peace of mind during an enormously stressful time.