Individual Disability Insurance

Transcription

1 Individual Disability Insurance Safeguard Your Financial Future With The Protector Series SM Standard Insurance Company Individual Disability Insurance

2 Your Income, Your Peace Of Mind Chances are, you already have home, auto, life and health insurance to protect yourself financially. But what steps have you taken to protect your most valuable asset your income? If you became disabled and couldn t work, would you be able to pay your bills and maintain your lifestyle? What about your dreams for your family? Disability Happens The risk of a disabling illness or injury is greater than most people realize. Yet many people in the private sector lack financial protection or the means to replace their potential lost income. Consider these recent statistics: Almost three in 10 of today s 20-year-olds will become disabled before reaching age percent of the private sector workforce has no long-term disability insurance 1 Every 90 seconds someone files for bankruptcy in the wake of a serious illness 2 Disability Begins Disability Begins Income Savings Expenses 1 Social Security Administration, Fact Sheet The American Journal of Medicine, Vol 122, No 8, August 2009.

3 How Long Does The Average Disability Last? This chart shows the average duration for insured individuals of a disability lasting more than 90 days and ending before age 65, based on the individual s age when disability begins. Average Length Of Disabilities 8 years 6 years 4 years 2 years 0 years 6.6 years 6.6 years 5.1 years 5.6 years 3.8 years 1.7 years Under Age at onset of disability Individual Disability Experience Committee of The Society of Actuaries, The Protector Series SM The good news is, you can help protect your future with The Protector Series SM from The Standard. We offer income protection insurance for individuals, as well as coverage for business owners that can help pay business overhead expenses and protect business equity. Protector Platinum SM3 Individual Disability Income Insurance Individual Disability Income Insurance is designed to help protect your financial security by paying monthly disability benefits if an accident or longterm illness prevents you from earning your usual income. With Protector Platinum SM, you can count on comprehensive coverage, valuable benefits and The Standard s expert support in returning to work. You could even receive a monthly Compassionate Care SM benefit if you have a loss of income while caring for a family member with a serious health condition. 4 Business Protector SM Business Overhead Individual Disability Insurance Business Protector will reimburse you for continuing business overhead expenses during disability, helping you keep your business operating until you re ready to be an active participant again. 3 Protector+ SM if your state has not yet approved Protector Platinum. Protector+ does not have the Compassionate Care benefit.

4 Business Equity Protector SM Buy/Sell Funding Individual Disability Insurance A typical buy/sell agreement rarely addresses the impact of disability, placing the business interests of all owners in jeopardy. Business Equity Protector provides the necessary funding to protect your business in case a prolonged disability strikes you or a business partner. It provides funding for active owners to purchase the business shares of the disabled owner, helping to ensure that payments can be made to a disabled owner while allowing other owners to carry on with the business of doing business. 4 Not all provisions or benefits are available in all states.

5 Life Has A Way Of Surprising You Prepare for the unexpected with individual disability insurance from The Standard.

6 Count On The Standard The Standard ranks among the leading individual disability insurance carriers in the nation. You can be confident that we re financially strong, our disability products are high in quality and we can pay what we promise now and in the future. In the event you become disabled and need to make a disability claim, you ll discover our exceptional service. Our goal is to give you the kind of expert, friendly service we wish for ourselves and our families. These policies have exclusions and limitations and terms under which the policies may be continued in force or discontinued. Some policy provisions and available riders may vary by state. Optional riders are subject to underwriting and reinsurance availability, and may increase premiums. A medical exam may be required upon application. For complete cost and coverage details, please contact your insurance representative, or The Standard at Standard Insurance Company 1100 SW Sixth Avenue Portland OR B123, B128, B170 The Protector Series SI (11/10)