A mutual life insurance company has bolstered its voluntary disability product lineup.
The Guardian Life Insurance Company of America, New York, announced that it has simplified enrollment and reduced premiums for both its STD and LTD Disability Choice plans.
Additionally, Guardian increased its maximum levels of coverage. The maximum STD benefit, now available at $1,500, was $750. The maximum LTD benefit has been raised to $10,000 from $2,500. In either case, the amounts cannot exceed 60% of salary.