PROVIDER PLUS

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EVALUATING GUARDIAN DISABILITY INSURANCE: Your Income is Your Most Valuable Asset The risk of disability: Could it happen to you? Disability Insurance Features Important Questions to Ask Your Insurance Advisor There are many factors to consider when designing the policy that is right for your particular situation. To make the best choices, it’s important to understand all the options—especially when weighing value and cost, and how you really want the policy to perform. When working with your advisor to design a policy, here are key things to consider: How Much Monthly Benefit Do You Need? You can use these general factors to help to determine the amount of coverage you need and for how much you may qualify: Your current expenses, including savings Your current income Expected future earnings Other disability insurance you may have, such as a group long-term disability (LTD) plan Request a Quote Call 888-513-2300 What Factors Influence Your Costs? OCCUPATION – What you do for a living determines your “occupation class.” Some occupations present more risk of becoming disabled because of the nature of the work; persons in these occupation classes will pay slightly more for coverage. HEALTH – Your current health establishes a “risk class.” ProVider Plus has three risk classes: Premium, Select and Standard. Generally, the healthier you are, the better the risk class, and the less you will pay for coverage. AGE – Typically, the younger you are, the less you will pay for coverage. INCOME – To a large degree, your income will determine the maximum amount of monthly benefit that you can purchase, the greater the monthly benefit, the higher the premium. POLICY DESIGN – The selection of the policy elimination period, benefit period, benefit amounts and optional riders will also determine the policy premium. Flexible Premium Options To Fit Your Budget We offer three premium rate options: Level premiums remain the same through the policy’s expiration date. Graded premiums increase annually and are also convertible to a level premium on the policy anniversary up to age 50. Upon conversion, you pay the rate indicated for that age. Step-rate premiums increase once to a level premium, either at age 35 or five years after purchase, whichever is later. Request a Quote Call 888-513-2300

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