Case of the Quarter
This health care company takes care of its employees by providing a large range of benefits. But the company realized that its 30 employees who are VPs and above would be at an income-replacement disadvantage if they were unable to work for an extended period of time due to injury or illness.
The solution? The company bought them an extra layer of protection with The Standard’s GSI.
This employer also switched to The Standard’s LTD. This change ensures a seamless income protection solution that makes it easier for the employer to administer and easier for employees at claim time. Plus, buying The Standard’s LTD and GSI together came with a larger discount.
Best of all, The Standard delivered a very quick enrollment process to help the company meet a looming deadline. The employer was highly engaged, and promptly provided all required forms and census materials. Working closely with the broker and employer, The Standard was able to set up and complete enrollment in less than two weeks!
Industry Health Care |
GSI Plan Size 30 Vice Presidents and Above |
In-Force Group LTD Coverage 50% to $20K |
GSI Solution 60% to $15K |
Additional GSI Benefits Gender-neutral rates Enhanced Residual Disability Rider Noncancelable Policy Rider Catastrophic Disability Benefit Rider 24-Month MDSA Coverage Portable policies |
Discount 30% |
Annual Premium $93,930 |
For Producers Only