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Sample Analyzer/Spread Sheet

Below is a sample spread sheet of several of the carriers we represent. This analysis is available to you whenever you request a quote, where we can spread sheet 2-4 carriers showing the various features, benefits and key differences between the carriers. In addition we show the cost that may ultimately determine the decision as to which carrier is chosen. Call us for the quote, and the Analyzer comparison.

DISABILITY INSURANCE ANALYZER

Prepared for: Dr. of Medicine Male age 45
Prepared by: Thomas DiCinti Rhu

   

Guardian

MetLife

Principal

STANDARD

  POLICY PROVISIONS (Provider) (OMNI Advantage) (750) Protector
1 Total Benefit $9200 $9150 $9150 $9270
2 Elimination Period 90 Days 90 Days 90 Days 90 Days
3 Benefit Period To Age 65 To Age 65 To Age 65 To Age 65
4 Renewability Provision Non Cancelable Non Cancelable Non Cancelable Non Cancelable
5 Own Occupation Definition YES-TO AGE 65 YES-TO AGE 65 YES-TO AGE 65 YES-TO AGE 65
6 Waiver of Premium Premiums waived after 90days, If on claim at policy anniversary, annual premium waived Premiums waived after 90 days, and mode refunded, if fall due during claim Premiums waived after 90 days, and mode refunded, if fall due during claim Premiums waived after 90 days, and mode refunded, if fall due during claim
7 Waiver of Premium (special provision) Should you have a claim, and it lasts 6 months, any future claim, will have the EP waived for 5 yrs, in any claim same or other cause No special provision. Premiums waived after 90 days of total or residual disability No special provision. Premiums waived after 90 days of total or residual disability No special provision. Premiums waived after 90 days of total or residual disability
8 Minimum residual
benefit payable
15% of Total Benefit 20% of Total Benefit 20% of Total Benefit 20% of Total Benefit
9 Residual Benefit YES YES YES YES
10 Definition of Earnings All compensation received for work or personal services Any compensation received for services performed Any compensation received for services performed Any Vocational Activity
11 Recovery Benefit Up to the Max BP 12 months 12 months Up to the Max BP
12 Recurrent Benefit 12 Months 6 Months 6 Months 12 Months
13 Can this be from an unrelated cause from the disability? Same or Related Same or Related Same or Related Same or Related
14 Conversion To Long Term Care NO NO NO NO
15 Catastrophic Benefit (requires loss of use) Yes Yes Yes Yes
16 Future Insurability Options None as maxed out None as maxed out None as maxed out None as maxed out
17 Long Term Care Rider NO Available, not included NO NO
18 Cost of living rider 3% 3% 3% 3%
19 Dividend option None None None None
20 Survivor Benefit $10000 $7500 $7400 $7525
21 Is there a limitation on Mental or Nervous Disorders? To Age 65 To Age 65 2 year To Age 65
Company Ratings as of July, 2009. AM Best = A++
S&P = AA+
Moody's = Aa2
AM Best = A+
S&P = AA
Moody's = Aa2
AM Best = A++
S & P = AAA
Moody's = Aa1
AM Best = A++
S & P = AAA
Moody's = Aa1
  Annual Premium $5832 $4396 $4227 $5166
Cost per $100 of Benefit $63.39 $48.04 $45.45 $56.46
01

Long
Term Care

Long-Term Care is probably not for everyone, but if you are close to retirement or have familymembers..

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02

Individual Disability Insurance

Simply put, individual disability insurance protects your income. An Individual Disability Insurance policy.

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Testimonials

"You guys have cut my long term care insurance premium to half. I couldn't have asked for a better deal!"
- Jenny Smith, NJ.

"You just saved me 30% on my total disability insurance. Thank you!"
- Paul Johnson, NJ.

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