Standard Insurance, one of the leading disability insurance companies, recently introduced the Platinum Protector Disability Insurance policy.  Platinum Protector has many of the same “bells and whistles” as Guardian’s industry-leading ProVider Plus disability policy, which until recently was completely unrivaled.

The Platinum Protector policy from Standard includes the following benefits:

  • True “own occupation” definition of disability
  • Specialty “own occupation” definition of disability for physicians and attorneys specializing in a particular field
  • Compassionate Care benefit – pays benefits while taking care of a sick or disabled loved one
  • Guaranteed renewable for the full benefit period, up to age 67 – contract terms cannot be changed
  • Non-cancellable by optional rider to guarantee premiums for the full benefit period
  • Benefit periods to age 67, or for 2, 5, or 10 years
  • Elimination period choices of 60, 90, 180, and 365 days
  • Residual disability pays a benefit for partial disability with a loss of 20% income or 20% time or 20% duties for the full benefit period.  100% benefit paid during the first six months.
  • Waiver of premiums while on claim for either total or partial disability
  • Waiver of elimination period for recurrent and presumptive disabilities
  • Future increase option available to guarantee up to an additional $10,000/month in benefits regardless of health
  • Automatic 4% compound increases for the first five years
  • Unlimited coverage for mental/nervous disorders
  • Cost of living adjustment – compound interest tied to the CPI with a 3% or 6% maximum
  • No offset for social insurance programs like SSDI and Worker’s compensation
  • No offset for benefits received under other insurance policies
  • Benefits are tax-free when premiums are paid with after-tax money

To get a personalized quote for the Platinum Protector individual disability insurance policy from Standard Insurance, please give us a call at 1-800-571-2980, or send us an e-mail at [email protected]or complete the short form below: