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Rockwood Adds High-Limit Disability Coverage

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NU Online News Service, June 15, 2004, 4:22 p.m. EDT – Rockwood Programs Inc., Wilmington, Del., has introduced a disability insurance program aimed at executives with annual incomes over $250,000.[@@]

The new Rockwood Executive Disability Income Program offers limits of up to $30 million, and the annual premium is usually equal to about 1% to 3% of the individual’s annual income, Rockwood says. Rockwood will base the premiums on factors such as the executive’s occupation and health status.