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Standard Unit To Sell Group Life, AD&D In New York

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NU Online News Service, March 27, 10:58 a.m. – StanCorp Financial Group Inc., Portland, Ore., says a subsidiary, The Standard Life Insurance Company of New York, White Plains, N.Y., has received approval from New York insurance regulators to sell group life and accidental death & dismemberment insurance in New York.

Standard New York expects to begin giving quotes for those products in the state by May.

The subsidiary already had permission to sell group short-term disability insurance, long-term disability insurance and disability benefts law coverage in New York.

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