The Standard is pleased to announce:
More Good News About Old Fashioned Underwriting
- Effective immediately, individual disability insurance issue limits for
Old Fashioned Underwriting are increased from
$3,000 to $5,000 per month.1 - In addition to The ProtectorSM and The Protector+SM
Old Fashioned Underwriting is now available
for The Business ProtectorSM. 2 - The Business Owner UpgradeSM is now available
with Old Fashioned Underwriting.
The Earned Income Enhancer and Cost of Living Rider are not available for Old Fashioned Underwriting.
1. Based on The Standard’s minimum annual income requirements and currently published issue and participation limits. Participation with another individual disability insurance policy is $5,000 per month. Maximum participation limit includes SSI and FPO.
2. $5,000 maximum participation limit includes FPO.
Pending business |
For new business, please indicate Old Fashioned Underwriting on the Producer Information Report of the application. If you have IDI applications
or
You may request the higher benefit if the applicants or insureds qualify. |
| Illustrating these new changes |
The Standard is in the process of updating the illustration software to reflect these new changes. Until this is implemented, you can illustrate the new changes by deselecting the Old Fashioned Underwriting check box.Please note that the Indexed Cost of Living Rider is not available. |
| For more information | If you have any questions, please contact us: EAST We will be happy to help you. |