GSI has always been a great product for clients and advisors. Clients get more of the gap covered in any shortfalls in their Group LTD plan (60% of Salary to a max of $10,000 leaves an exec making, say, $300,000 short on the % of income protected); advisors often get access to premium amounts that are very healthy with very little processing and underwriting. One of carriers recently implemented “census enroll” to the concept – basically, it means NO ENROLLMENT FORMS. There are a couple of forms required for the employer. The Easy way to increase premium in a consumer oriented way just got easier.
And, remember, these INDIVIDUAL plans are issued with No Ratings; No Riders; and No Exclusions! One of the execs in the carve out group has a bad back? Covered. Diabetes? Covered. No ratings. No riders. No exclusions.
Call us for a rundown on the details on this very appropriate corporate consideration – We Do DI!
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