Platinum Advantage Guaranteed Standard Issue income protection insurance can be a game-changer for employers who offer long term disability insurance. Help them improve recruitment and retention with more benefits for highly compensated employees.
LTD insurance is designed to replace 60 percent of an employee's base salary, but it's often capped at a lower monthly amount. For highly compensated employees, this amount won't cover their income protection needs, resulting in a coverage gap.
Employers who offer Platinum Advantage GSI can help raise the coverage amount, which is especially appealing to high earners. A big plus is that bonuses, distributions and other incentive income are covered earnings.
Assumes LTD plan of 40% income replacement to a $10,000 monthly plan maximum, coordinating with a GSI plan design of 75% replacement to a $10,000 monthly plan maximum, for a combined coverage maximum of $20,000 between plans. This graph is intended for illustrative purposes only.
This graph is intended for illustrative purposes only.
Platinum Advantage GSI is not available in California. Protector PlatinumSM Guaranteed Standard Issue is the available product in California.
Platinum Advantage GSI is available in all states except California.
Protector Platinum GSI is only available in California.
An Easy Solution to Shrink
the Coverage Gap
See the brochure for CT, DE, DC
FL, MT, NY, ND and SD.
A complement to GSI, our LTD plans include a number of features that help and encourage your clients' employees to return to work as soon as possible.
We've designed flexible income protection plans for a broad range of clients. Contract your General Agent to learn more about Platinum Advantage GSI.
For California, check out
Protector Platinum GSI
This information is intended only for insurance producers and not for the general public.
This is only a brief summary of the features and riders available in the policy. This is not a contract. Any coverage issued is subject to the terms of the actual policy. Some products and riders may not be available in all states and some policy provisions may vary by state. Optional riders are subject to underwriting and reinsurance availability. Additional optional riders may increase premiums. A medical exam may be required when your client applies for a policy.
The policy has exclusions and limitations and terms under which the policy may be continued or discontinued. For costs and complete details of coverage, please contact The Standard.
The Standard is a marketing name for Standard Insurance Company (Portland, Oregon), licensed in all states except New York, and The Standard Life Insurance Company of New York (White Plains, New York), licensed only in New York. Products and availability vary by state and are solely the responsibility of the applicable insurance company.
