“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.
In the Media - Individual Disability
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.
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.
“Advisors are uniquely positioned to help clients through times of uncertainty by offering income protection solutions, such as individual disability insurance (IDI), that guard against an unforeseeable event.” Read more about what Jeremy Horner, assistant vice president of Individual Disability Insurance at The Standard, has to say about the role of advisors, and how they should be offering solutions such as IDI to clients.
Employers can proactively address employees' needs by offering solutions to mitigate current and potential financial risks. The Standard's Adam Aschoff explains how executive disability plans featuring individual disability insurance can offer beneficial coverage for employees.
In times of uncertainty, it’s important to offer financial solutions that can help clients prepare for the unexpected. Individual disability insurance helps provide long-term income protection and support should a client become unable to work due to an unexpected illness or injury. Jeremy Horner, assistant vice president of Individual Disability Insurance at The Standard, details how IDI can help in Insurance Forums.
Are you having conversations with your clients about the importance of income protection? Jeremy Horner, assistant vice president of Individual Disability Insurance at The Standard, shares why IDI is important to discuss with clients now, as well as, who needs it and how it works in ThinkAdvisor.