The Advantages – Integrating Group and Individual Disability Protection

Advantages to the Employee

  • Guaranteed Standard Issue (GSI)
    • Limited medical underwriting
  • Portable Protection
    • The Executive can take the coverage if they leave
  • Permanent Protection
    • The premiums are guaranteed to never increase
    • The benefit levels are guaranteed to never decrease
  • More appropriate coverage for high income earners
    • Contract provisions are stronger
    • Coverage levels are higher

Advantages for the Employer

  • Helps build and maintain leadership talent
    • Great tool for recruiting, retaining, and rewarding senior leadership
  • Removes high risk levels form Core LTD plan (can help stabilize LTD rates)
  • Premiums are fixed and are offered at a discount
  • Stabilizing the leadership team can enhance the businesses credit worthiness