Standard Announces LTD Benefit for Highly Compensated

May 2, 2006 ( - Standard Insurance Company, a subsidiary of StanCorp Financial, has announced the availability of Preferred Professional Long Term Disability (LTD) coverage for physician groups, designed for the income protection needs of highly-compensated professionals.

According to the announcement, coverage includes options to increase benefit amounts, provide additional benefit coverage, extend benefits duration and add an Own Specialty definition of disability for physicians.  

An Employee Assistance Program is automatically included for groups of 15 – 2,500 employees, and the announcement said there is a claims team dedicated to professional groups.

Preferred Professional coverage is for groups of 15 or more.

More information can be found at .