IDI Standard

© 2010 Standard Insurance Company
11399PPT (Rev 11/10)
Individual Disability Income Insurance
at The Standard
For producers only. Not for use with consumers
11/10

11399PPT (Rev 11/10)
1. Why IDI is such valuable protection for your customers
2. Protector PlatinumSM individual disability income insurance
Base policy provisions
Optional Riders
3. Protector+SM individual disability income insurance
Base policy provisions
Optional riders
4. The three kinds of disability
5. Disability claims at The Standard
6. About The Standard
7. More resources for you
Table of Contents

11399PPT (Rev 11/10)
Almost three in ten of today’s 20 year
olds will become disabled before
reaching age 67.*
Why IDI is such
valuable insurance for
your customers
*Social Security Administration Fact Sheet 2009.

11399PPT (Rev 11/10)
Why IDI is such valuable insurance for
your customers
Average Duration of Disability Lasting More
Than 90 Days beginning Prior to Age 65.
Duration of disability is measured from the start
of disability to (at most) age 65.
Individual Disability Experience Committee,
Society of Actuaries, 2005.
Age Duration
Under 40 5.1 years
40 - 44 6.6 years
45 - 49 6.6 years
50 - 54 5.6 years
55 - 59 3.8 years
60 - 64 1.7 years
The length of disabilities

11399PPT (Rev 11/10)
your customers
When they already have LTD at
work, many consumers do not
realize that because LTD benefits
are usually taxable, benefits from
a typical LTD policy covering
60% of income, will only equal
about 45% of gross earnings
after taxes.
Assumes a 25% tax bracket.

11399PPT (Rev 11/10)
your customers
When they already have LTD at
work, and add individual
disability income insurance, the
same consumers’ coverage
could look like this.
Assumes a 25% tax bracket.

11399PPT (Rev 11/10)
Protector PlatinumSM
Individual
Disability Income Insurance

11399PPT (Rev 11/10)
Included in every policy:
• Guaranteed Renewable Policy
• Unlimited Coverage for Mental
Disorder/Substance Abuse
• Own Occupation Definition of
Disability
• Total Disability Benefit
• Presumptive Total Disability
Benefit
• Partial Disability Benefit
Optional Riders:
• Future Purchase Option
• Noncancelable Policy
Protector Platinum individual disability
income insurance is comprehensive
• Recovery Benefit
• Rehabilitation Benefit
• Compassionate Disability BenefitSM
• Automatic Increase Benefit
• Survivor Benefit
• Cosmetic or Transplant Surgery Benefit
• Premium Waiver Benefit
• Choice of Benefit Periods
• Indexed Cost of Living
• Catastrophic
Return to PresentationTable of Contents

11399PPT (Rev 11/10)
• Coverage is guaranteed renewable
to the termination date (the policy
anniversary next following your age
67) as long as the premium is paid
on time.
• The premium can be changed only
after the policy is three years old
and then, only if the change applies
to all policies with similar benefits
insuring the same risk class.
Guaranteed Renewable
Policy
Return to Protector Platinum Index

11399PPT (Rev 11/10)
The Renewal Option
• The Protector Platinum policy ends on the termination date.
• Insureds may ask to continue coverage beyond the
termination date under the Renewal Option if they are
working at least 30 hours per week and are not disabled at
the time of their request.
• Some provisions of the policy will change, and coverage will
terminate after the insured recovers from any disability
covered under this option.
Guaranteed Renewable Policy (cont’d)

11399PPT (Rev 11/10)
Protector Platinum’s definition of total
disability provides for payment of the
full monthly benefit in the event the
insured is disabled in his or her own
occupation.
Own occupation means the
occupation(s) in which the insureds
are regularly engaged at the time their
disability begins. If they have limited
their practice to a professionally
recognized specialty in medicine or
law, then that specialty is their own
occupation.
Own Occupation
Definition of Disability

11399PPT (Rev 11/10)
Insureds are considered totally disabled
if due to their injury or sickness, they are
unable to perform the primary duties of
their own occupation and they are under
the regular care of a physician
appropriate for their injury or sickness.
This definition of total disability allows
the insured to earn an income in
another occupation and still receive the
full monthly benefit if he or she is are
disabled in his or her own occupation.
Total Disability Benefit

11399PPT (Rev 11/10)
Insureds are presumed totally
disabled if they suffer an injury or
sickness, while the policy is in force,
that results in total and permanent
loss of any of the following: speech,
hearing in both ears not restorable by
hearing aids, sight in both eyes after
reasonable efforts are made to
correct their vision using the most
advanced, medically acceptable
procedures and devices available, or
the use of two limbs.
Presumptive Disability
Benefit

11399PPT (Rev 11/10)
Benefits are payable for the lifetime
of the insureds, if they chose the
To-Age-67 Benefit Period and
become presumptively disabled.
Presumptive Disability
Benefit (cont’d)

11399PPT (Rev 11/10)
Insureds are considered partially
disabled under Protector Platinum
when they are not totally disabled
and meet one of the definitions of
partial disability.
There are two periods of partial
disability, each with a distinct benefit
and definition of partial disability:
1. Initial Period
2. Extended Period
Partial Disability Benefit

11399PPT (Rev 11/10)
The Initial Period of partial disability refers to the waiting period
and the first six months during which disability benefits are
payable for partial disability.
During this period insureds are partially disabled if:
• They are working in their own occupation or any other
occupation, and
• Due to their injury or sickness, they have a
• loss of duties, or
• loss of time, or
• loss of income,
and they are under the regular care of a physician appropriate
for their injury or sickness.
Partial Disability Benefit: Initial Period

11399PPT (Rev 11/10)
During the Initial Period, while
benefits are payable, insureds are
eligible for 100 percent of the policy’s
basic monthly benefit.
Partial Disability
Benefit: Initial Period
(cont’d)

11399PPT (Rev 11/10)
After the Initial Period, during the Extended Partial Disability
of Partial Disability, insureds are considered partially
disabled if:
• They are working in their own occupation or any other
occupation, and
• Due to their injury or sickness, they have a loss of income,
and
• They are under the regular care of a physician appropriate
for their injury or sickness.
During the Extended Period of partial disability, the monthly
benefit will be proportional to the insureds’ loss of income.
Partial Disability Benefit:
Extended Partial Disabilty

11399PPT (Rev 11/10)
Immediately after insureds have
recovered from their disability under
the provisions of Protector Platinum,
The Standard will pay them a
recovery benefit if they have a loss of
income and that loss is solely the
result of the injury or sickness that
caused their disability.
The monthly benefit amount is
proportional to their loss of earnings
for that month.
Recovery Benefit

11399PPT (Rev 11/10)
If insureds participate in a voluntary
rehabilitation program to help prepare
for their return to full-time work, The
Standard will pay the reasonable
costs of the program under the
following circumstances:
•They have accepted the terms and
objectives of the program, and
•The Standard has approved the
program and determined it meets
the mutually agreed-upon
objectives.
Rehabilitation Benefit

11399PPT (Rev 11/10)
The Standard’s Compassionate
Disability Benefit pays insureds a
monthly benefit if they lose income
while taking time away from work
to care for a Loved One* who has a
serious health condition.
*A parent, spouse, domestic partner,
child, including an adopted child,
stepchild and child of domestic partner.
Compassionate
Disability BenefitSM

11399PPT (Rev 11/10)
The maximum amount of
Compassionate Disability Benefit
The Standard will pay under any one
policy for all claims and all Loved
Ones, is an amount equal to six
times the basic monthly benefit.
Compassionate
Disability Benefit (cont’d)

11399PPT (Rev 11/10)
• Insureds are eligible for this benefit if
they are under age 60 on the policy’s
effective date.
• This benefit raises their policy’s basic
monthly benefit by 4% each year
during the increase period,
compounded during the increase
period, without evidence of
insurability.
• Benefit increases occur on their
policy’s anniversary.
• Insureds have the right to refuse
Automatic Increase Benefits.
Automatic Increase Benefit

11399PPT (Rev 11/10)
• The increase period lasts for up to five
consecutive years.
• Insureds may be eligible to apply for
additional increase periods to begin
immediately after the end of the prior
increase period.
• Premiums for each increase are based
on age and risk class at time of the
increase.
• Automatic increases do not take effect
when insureds are receiving disability
benefits or recovery benefits.
Automatic Increase
Benefit (cont’d)

11399PPT (Rev 11/10)
The Standard pays a Survivor
Benefit for three months beyond the
date of an insured’s death, if he or
she dies while disability or recovery
benefits are payable under the
Protector Platinum policy.
Survivor Benefit

11399PPT (Rev 11/10)
The Standard pays a monthly benefit
to insureds if, more than six months
after their Protector Platinum policy
effective date, they are disabled due
to sickness as a result of surgery to
improve their appearance, prevent
disfigurement or transplant part of
their body to someone else.
Cosmetic or Transplant
Surgery Benefit

11399PPT (Rev 11/10)
The Standard will waive all premiums
due under this policy while disability
benefits or recovery benefits
are payable.
Premium Waiver Benefit

11399PPT (Rev 11/10)
The maximum benefit period is the maximum period of time
The Standard will pay disability benefits for any one
continuous disability and any recovery benefits related to that
disability.
Insureds may choose from the following maximum benefit
periods: two years, five years, ten years, or to age 67.
For any maximum benefit period The Standard will not pay
benefits beyond the later of the policy termination date or the
date on which 24 months of benefits have been paid..
Choice of Maximum Benefit Periods

11399PPT (Rev 11/10)
Protector Platinum individual disability
income insurance
Optional Riders

11399PPT (Rev 11/10)
Under the Future Purchase Option,
insureds may be eligible to increase
their policy’s monthly benefit once a
year, on the policy’s anniversary date.
Under special circumstances, they
may be able to purchase increases at
times other than the policy’s
anniversary.
Future Purchase Option

11399PPT (Rev 11/10)
When insureds wish to ensure their
premium rates cannot be changed
before their policy termination date,
the Noncancelable Policy Rider will
allow them to do so as long as they
pay their premiums by the end of
each grace period.
Noncancelable
Policy Rider

11399PPT (Rev 11/10)
When insureds choose to add the
Indexed Cost of Living Benefit Rider
to their Protector Platinum policy, the
monthly benefit payment will
increase annually based on changes
in the Consumer Price Index, up to a
limit of 3% or 6% per year, as chosen
by the insured.
Indexed Cost of Living
Rider

11399PPT (Rev 11/10)
Catastrophic disability means insureds are unable to perform
two or more activities of daily living without assistance, have
a severe cognitive impairment, or have a Presumptive Total
Disability.
Activities of daily living include: bathing, continence,
dressing, eating, toileting and transferring. Transferring is
moving into or out of a bed, chair, or wheelchair, with or
without adaptive devices.
The Catastrophic Disability Benefit Rider pays the insured a
monthly benefit in addition to the total disability benefit with
Protector Platinum.
Catastrophic Disability Benefit Rider

11399PPT (Rev 11/10)
Exclusions from coverage
• The Standard will not pay benefits for the first 90 days of
disability due to pregnancy or childbirth, disability due to
war, disability caused by committing a felony or
participation in a riot, or disability caused by intentionally
self-inflicted injury.
• The Standard will not pay benefits for a pre-existing
condition unless it is disclosed on the application and it is
not specifically excluded from coverage.

11399PPT (Rev 11/10)
A preexisting condition is any mental or physical condition for
which:
• The insured has consulted a physician, and received
medical treatment, services or diagnostic procedures,
and
• The insured has taken prescription drugs or medications,
and
• A reasonably prudent person would have sought medical
advice, care or treatment, during the 365 day period
preceding the policy’s effective date.

11399PPT (Rev 11/10)
The Protector+SM
and Protector+CA

11399PPT (Rev 11/10)
• Definition of Total Disability
• Definition of Presumptive Total Disability
• Definition of Continuous Disability
• Guaranteed Renewable
• Renewable for Life
• Rehabilitation Benefit
• Survivor Benefit
• Waiver of Premium Benefit
• Cosmetic or Transplant Surgery Benefit
• Exclusions from Coverage
• Optional Riders
Protector+ and Protector+ CA

11399PPT (Rev 11/10)
Because of the insured’s injury or sickness:
Definition of total disability
• the insured is unable to perform
the substantial and material
duties of his regular occupation;
and
• the insured is not engaged in any
other gainful occupation; and
• the insured is under the regular
care of a physician appropriate
for the injury or sickness. This
physician’s care requirement is
waived when The Standard
receives written proof,
satisfactory to The Standard, that
further care would be of no
benefit to the insured.
• the insured is unable to perform
with reasonable continuity the
substantial and material acts
necessary to perform his or her
regular occupation in the usual
and customary way and
• chooses not to work in any other
gainful occupation.
If the insured chooses to work at any
job, he will not be considered totally
disabled, however he may qualify for
partial disability, found in the Partial
Disability Rider automatically
included with the policy.
In California
Return to Protector+ Index

11399PPT (Rev 11/10)
The insured’s total and permanent loss, because of injury or
sickness, of one of the following:
• speech;
• hearing in both ears, not restorable by hearing aids;
• use of both hands;
• use of both feet, or use of one hand and one foot;
or
• total and permanent loss of sight in both eyes. Both eyes
must measure at or below 20/200, after reasonable efforts are
made to correct vision, using the most advanced medically
acceptable procedures and devices available.
Definition of presumptive total disability

11399PPT (Rev 11/10)
Recurrent periods of
disability
from the same cause(s) if
separated by the insured’s
recovery of less than
twelve* months.
Waiting period must be
satisfied within the total
number of consecutive days
equal to: twice the waiting
period, if 180 days or less,
or
1½ times the waiting period,
if more than180 days
Definition of continuous disability
*Six months in some states
In California
Recurrent periods of disability
from the same cause(s) if
separated by the insured’s
recovery of six months or less.

11399PPT (Rev 11/10)
Guaranteed renewable to age
66/67. The Standard cannot
change any part of the policy,
except premiums, after the policy is
three years old, so long as the
premium is paid by the end of each
grace period.
Guaranteed Renewable

11399PPT (Rev 11/10)
• Insureds may ask to continue the
policy beyond the termination
date if they are working at least
30 hours per week and not
disabled at the time of the
request.
• Only the benefit for total disability
may be available and the
premium may change. The
maximum benefit period is limited
to 24 months before age 75, and
to 12 months after age 75.
Renewable for Life

11399PPT (Rev 11/10)
• If while receiving disability benefits,
the insured participates in a
rehabilitation program approved by
The Standard, we will pay the
difference between the benefit the
insured would have been eligible
for if totally disabled, and the
benefit for which the insured is
eligible.
• If the insured qualifies for the
rehabilitation benefit, The Standard
will pay the total disability benefit,
even if the insured is residually
disabled.

11399PPT (Rev 11/10)
• The Standard will also pay
• reasonable costs of the
rehabilitation program not covered
by other plans or policies,
• the difference, if any, between
1. the benefit you would have been
eligible for if you were totally
disabled
and
2. the disability for which you are
disabled.
rehabilitation for up to the lesser of 36
months according to the program.

11399PPT (Rev 11/10)
If the insured dies while receiving
total disability benefits, The
Standard will pay the policy’s basic
monthly benefit to the owner or the
owner’s estate for the lesser of
three months or the number of
months left in the
Maximum Benefit Period.
* Not available in all states.
Survivor Benefit*

11399PPT (Rev 11/10)
While the insured is disabled:
• after the earlier of the date benefits
start or the 90th day of disability,
The Standard will waive premiums
currently due;
• after completion of the waiting
period The Standard will refund any
premium due and paid after the date
disability began.
Waiver of Premium Benefit

11399PPT (Rev 11/10)
The Standard will consider the
insured disabled if, more than six
months after the policy is effective,
the insured becomes disabled due
to cosmetic or transplant surgery.
Cosmetic or Transplant
Surgery Benefit

11399PPT (Rev 11/10)
•war, declared or undeclared,
whether civil or international;
•act of war;
•act incident to war;
•insurrection; and
•substantial armed conflict with
organized forces of a military
nature.
In California
•war, declared or undeclared,
whether civil or international;
•involving nations and/or
sovereign territories.
Acts of war or acts incident to war
do not include acts of terrorism, so
long as such acts are isolated in
nature and unrelated to and not
arising from war, as defined
above.
The Standard will not pay benefits for disability due to war. War means any

11399PPT (Rev 11/10)
The Standard will not pay benefits
•during the first 90 days of the insured’s disability due to
pregnancy or childbirth.
•for disability caused or contributed to by the insured:
•committing or attempting to commit an assault or felony; or
•actively participating in a violent disorder or riot. Actively
participating does not include the insured being at the scene of a
violent disorder or* riot while performing his or her official duties;
*Language not present in Protector+CA policy

11399PPT (Rev 11/10)
The Standard will not pay benefits for:
• disability while the insured is confined for
any reason to a penal or correctional
institution*
or
• Disability resulting from an intentionally
self-inflicted injury.
* Language not present in Protector+CA policy.

11399PPT (Rev 11/10)
Protector+SM
Optional Riders

11399PPT (Rev 11/10)
Protector+ Riders
• Residual Disability Rider
• Indexed Cost of Living Rider
• Supplemental Social Insurance
Rider
• Future Purchase Option Rider
• Noncancelable Rider
• Own Occupation Rider
• Mental Disorder/Substance
Abuse Limitation Endorsement
• Catastrophic Disability Benefit
Rider
In California
• The Residual Disability Rider is
the Partial Disability Rider. It is
mandatory and included in the
base policy.
• The Catastrophic Disability
Benefit Rider is not available.
• Own Occupation Rider language

11399PPT (Rev 11/10)
B
5A
4A
3A
2A
A
ResidualDisabilityRider1
SupplementalSocialInsuranceRider
IndexedCostofLivingRider
FuturePurchaseOptionRider
NoncancelableRider
OwnOccupationRider3
1. The Partial Disability Rider in California, where it is mandatory.
2. Not available in California or Connecticut.
3. The Own Occupation Rider is available for all 3A, 3P, 4A and 4P occupations except podiatrists
and self-employed stockbrokers.
OccupationClass
4P
3P
CatastrophicDisabilityBenefitRider2
Protector+ Riders
Return to Protector+ Index Return to Protector+ Riders Index

11399PPT (Rev 11/10)
Residual disability means the insured is not totally disabled,
but because of his injury or sickness:
• his monthly earnings are reduced by 20% or more of his indexed
prior monthly earnings; and
• he is under the regular care of a physician appropriate for his injury
or sickness; and
• he is able:
– to do some, but not all, of the substantial and material duties
of his regular occupation;
or
– to do all of the substantial and material duties of his regular
occupation, but not for as long a time or as effectively as he
did immediately prior to his injury or sickness.
Residual Disability Rider
In CA this is the Partial Disability Rider. See next slide.

11399PPT (Rev 11/10)
Partial disability means the insured
is not totally disabled, but because
of his injury or sickness:
• he is not totally disabled
• while actually working in his regular
occupation, as a result of his injury or
sickness, he is unable to earn 80% or
more of his indexed prior monthly
earnings.
Partial Disability Rider
CA only, this rider is mandatory and part
of the base Protector+ policy.

11399PPT (Rev 11/10)
• The ICOL Rider helps provide a cushion against inflation
during a lengthy disability.
• For each year of disability after the first, the rider pays an
amount in addition to the policy benefit based on the
average annual change in the Consumer Price Index for All
Urban Consumers (CPI-U), subject to a cap of either 3% or
6%, whichever is chosen on the application.
• Payment is subject to the policy’s benefit period and other
requirements. The amount payable under the rider will not
decrease even if the
CPI-U decreases.
Indexed Cost of Living Rider

11399PPT (Rev 11/10)
•This rider pays a benefit if the
policy’s total disability benefit is
payable and no legislated benefits
are payable for the disability.
•The insured must apply for legislated
benefits for which she may be
eligible and meet other requirements
in the rider.
•A reduced benefit is available if
legislated benefits are payable that
are less than the rider benefit
amount.
Supplemental Social
Insurance Rider

11399PPT (Rev 11/10)
•This rider allows for the purchase
of benefit increases on each
policy anniversary subject only
to financial underwriting.
•Evidence of the insured’s
good health is not required
to purchase an increase.
Future Purchase Option
Rider

11399PPT (Rev 11/10)
Noncancelable Policy Rider
• This rider changes the policy and all riders made
part of the policy from guaranteed renewable to
noncancelable and guaranteed renewable.
• The Standard cannot change the policy terms or
premiums until the termination date.
• This rider also changes the policy to provide that,
if the maximum benefit period is longer than five
years and the insured becomes eligible for the
benefit for presumptive total disability, the total
disability payments will be payable for his lifetime
as long as the presumptive disability continues.

11399PPT (Rev 11/10)
Own Occupation Rider
Different in CA. See next slide.
This rider liberalizes the definition of total disability and is issued
with a two-year mental disorder and substance abuse limitation.
Removes
this sentence
from the
definition of
total disability
Because of your injury or sickness:
1. You are unable to perform the substantial and
material duties of your regular occupation; and
2. You are not engaged in any other gainful
occupation; and
3. You are under the regular care of a physician
appropriate for your injury or sickness. This
physician’s care requirement will be waived when
we receive written proof, satisfactory to us, that
further care would be of no benefit to you.

11399PPT (Rev 11/10)
Own Occupation Rider
CA language
This rider liberalizes the definition of total disability and is issued
with a two-year mental disorder and substance abuse limitation
Removes
this sentence
from the
definition of
total disability
Because of your Injury or Sickness:
1. You are unable to perform with reasonable
continuity the substantial and material acts of
your regular occupation in the usual and
customary way; and
2. You choose not to work in another occupation

11399PPT (Rev 11/10)
• Two-year benefit period limitation for
disability caused by mental disorder
or substance abuse.
• This limitation endorsement is
added to each policy that has the
Own Occupation Rider.
• This endorsement may also be used
at underwriter discretion.
Mental Disorder/
Substance Abuse
Limitation Endorsement

11399PPT (Rev 11/10)
• This rider pays an additional benefit if the insured is
receiving the benefit for total disability and is unable to
perform at least two activities of daily living (ADLs), has a
severe cognitive impairment, or is presumptively totally
disabled.
• ADLs include bathing, continence, dressing, eating, toileting
and transferring (moving in and out of a bed, chair or
wheelchair).
Catastrophic Disability Benefit Rider
Not available in CA or CT

11399PPT (Rev 11/10)
There are three kinds of disability
Return to Presentation Table of Contents

11399PPT (Rev 11/10)
• Many people, when asked to
visualize a disabling event, will
picture an event like a car accident.
• Even though it is the type of
disabling event most likely to be
imagined, it is the kind of event least
likely to occur.

11399PPT (Rev 11/10)
There are three kinds of disability

11399PPT (Rev 11/10)
Disability claims at The Standard

11399PPT (Rev 11/10)
• The Standard’s claims
management approach is
responsive, ethical
and fair.
• We understand that claimants
need both financial and emotional
support.
• The Standard teams medical and
rehabilitation experts with claims
specialists to help customers
during their recovery.
We take good care of
your customers

11399PPT (Rev 11/10)
About The Standard

11399PPT (Rev 11/10)
The Standard has been keeping promises to its customers
since 1906 and is one of the leading disability insurance
companies in the nation.
If you would like to find out more about The Standard, please visit
standard.com
• Financial Strength, Portfolio and Financial Ratings
• History
• Company Leadership
• Corporate Philanthropy
About The Standard

11399PPT (Rev 11/10)
Resources

11399PPT (Rev 11/10)
• The Standard’s IDI insurance professional website at
www.standard.com/di
• The Protector Series Product Guide
• Protector Platinum sample policy
• Protector Platinum policy summary
• Protector+ sample policy
• Protector+ CA sample policy
• Protector+ policy summary
• Protector+CA policy summary
• It’s easy to find IDI sales, marketing and reference
materials
Resources

11399PPT (Rev 11/10)
Forms B152, B170

IDI Standard

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