The Standard offers Voluntary Life and Long Term Disability (LTD) insurance at competitive group rates with a variety of plan options to fit the needs of your clients' and their employees. While Voluntary insurance is endorsed by the employer, employees pay 100 percent of the premiums through convenient payroll deductions.
Key Features of Voluntary Life, or Life with AD&D
No base plan required in most states
Age-graded rates with tobacco-free discount
Guarantee issue amounts based on group size
Amounts greater than guarantee issue available with evidence of insurability
Spouse and dependent child coverage available
Benefit payments through Standard Secure Access for claims of $10,000 or more
Portability feature included
Waiver of premium provision included
Accelerated Benefit that may qualify insured employees on waiver of premium to receive up to 75 percent of their life insurance benefit in the case of a terminal illness
