Products May 2, 2006
Standard Announces LTD Benefit for Highly Compensated
May 2, 2006 (PLANSPONSOR.com) - 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.
Reported by Rebecca Moore
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 www.standard.com .