Guaranteed Standard Issue

Individual disability income insurance may be offered at the workplace on a "guaranteed standard issue" basis, with benefits and options chosen by the employer.

Guaranteed standard issue plans give employees the advantage of protecting their income

  • At discounted premium rates
  • With no medical history
  • With limited financial documentation

Since these policies are issued regardless of gender, age and health status, employees may obtain coverage for which they cannot qualify on their own.

We offer two levels of guaranteed standard issue income protection for the workplace:

  • Protector PlatinumSM GSI
  • Protector+SM GSI

Learn  more about the features and optional riders online, or ask your insurance representative for details.

Offer Individual Disability Income Insurance at Work

If you own a business, talk to your insurance representative about offering this protection at your workplace or request a no-obligation quote today.

Please ask your insurance benefits representative whether Protector PlatinumSM Guaranteed Standard Issue or Protector+SM Guaranteed Standard Issue is available in your state.1

Included in a Protector PlatinumSM GSI Policy

  • Total Disability Benefit

    This provision pays benefits if you cannot work in your regular occupation because of a total disability, as defined by the policy.

  • Presumptive Total Disability Benefit

    This benefit presumes you are 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.

  • Partial Disability Benefit

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

  • Rehabilitation Benefit

    If you participate in a rehabilitation program to prepare for returning to full-time work, the rehabilitation benefit pays for part or all of the costs.

  • Recovery Benefit

    After you recover from a disability, we pay recovery benefits if you continue to experience a loss of income due to the injury or sickness that caused the disability.

  • Survivor Benefit

    This provision pays a survivor benefit for three months beyond the date of your death, if you die while disability or recovery benefits are payable.

  • Cosmetic or Transplant Surgery Benefit

    This provision pays a monthly benefit if you are disabled more than six months after the policy's effective date from a sickness or injury caused by cosmetic or transplant surgery.

  • Waiver of Premium Benefit

    This provision waives all premiums due under the policy while disability or recovery benefits are payable.

  • Presumptive Total Disability Benefit

    We presume you are eligible for the total disability benefit if an injury or illness results in loss of speech, hearing in both ears, sight in both eyes or the use of two limbs, as defined by the policy.

A limitation for Mental Disorder/Substance Abuse may apply if chosen by the employer.

Optional Riders

The employer may choose one or more of these riders with the plan.

  • Noncancelable Rider

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

  • Indexed Cost of Living Rider

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

  • Catastrophic Disability Rider

    This rider pays an additional monthly benefit if  you suffer a catastrophic disability that prevents you from performing normal daily activities without assistance, as defined by the policy.

  • Own Occupation Rider

    This rider changes the definition of disability so that you may be eligible for benefits if disabled in your regular occupation, but earning income from another occupation.

 

1 Not all benefits are available in all states.

 

Please ask your insurance benefits representative whether Protector PlatinumSM Guaranteed Standard Issue or Protector+SM Guaranteed Standard Issue is available in your state.1

Included in a Protector+SM GSI  Base Policy

  • Policy Renewability and Premiums2

    Coverage is guaranteed renewable to the policy's termination date 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.

  • Renewable for Life (Renewal Option)

    With the Renewal Option, the insured may ask to continue the policy beyond the termination date if he or she is working at least 30 hours per week and is not disabled at the time of the request. Certain limitations apply.

  • Total Disability Benefit

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

  • Presumptive Total Disability Benefit

    This benefit presumes an 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.

  • Rehabilitation Benefit

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

  • Choice of Maximum Benefit Amount and Commencement Date

    Your client can choose the policy base amount and benefit multipliers (12, 18 or 24) to determine the maximum benefit (subject to our underwriting requirements). He or she may also choose a commencement date of the 31st, 61st or 91st day of continuous disability.

  • Survivor Benefit

    This provision pays a survivor benefit for up to three months beyond the date of the insured's death, if the insured dies while disability or recovery benefits are payable.

  • Waiver of Premium Benefit

    This provision waives all premiums due under the policy while disability or recovery benefits are payable.

  • Cosmetic or Transplant Surgery Benefit

    This provision pays 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.

  • Continuous Disability Provisions

    Recurrent periods of disability from the same cause or causes are considered one period of continuous disability if they are separated by a recovery period of less than 12 months (six months in some states).

  • Guaranteed Standard Issue Riders

    Coverage will include one of the following guaranteed standard issue riders:

    • Pre-Existing Conditions Amended
    • Pre-Existing Conditions Waived
    • Pre-Existing Conditions for Voluntary Open Enrollment

Optional Riders

The employer may choose to include one or more of these riders with the plan.

  • Residual Disability Rider

    This rider pays a residual disability benefit if the employee loses at least 20 percent of his or her income while trying to return to work, meaning the insured is only able to perform some of the regular duties, or can perform all of the duties less effectively or only part of the time.

  • Supplemental Social Insurance Rider

    This rider pays a benefit while the insured is disabled and not receiving any legislated benefits. The benefit amount will be offset by any legislated benefits that are payable.

  • Indexed Cost of Living Rider

    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.

  • Own Occupation Rider

    This rider changes the definition of disability so that the employee may be eligible for benefits if disabled in his or her regular occupation, but earning income from another occupation.

  • Noncancelable Rider

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

  • Catastrophic Disability Rider

    This rider pays an additional monthly benefit if the employee suffers a catastrophic disability that prevents him or her from performing normal daily activities without assistance, as defined by the policy.

 

1 Not all benefits are available in all states.

2 For an insured born on or before 12/31/1956, the normal policy termination date is the policy anniversary on or following the 66th birthday. For other insureds, it is the policy anniversary on or following the 67th birthday.