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| Long Term Disability Rating Strategy |
The LTD Rating Approach takes into account an employer’s current in-force LTD rates with their existing program and allows for an extension of these rates a long as the group meets the criteria listed below. This approach recognizes groups who have had ancillary benefits in place and gives credit to the fact that they have established a rate threshold over a period of time based on the demographics and stability of the group. If the group qualifies, they will be offered a rate match of the current in-force LTD rates.
Qualifiers
1. Groups of 10-500 lives for LTD
2. New or in-force BCBST medical customers
3. LTD program current in-force
4. Group is not in one of the excluding industries listed by SIC code
5. Maximum benefit $10,000
6. Approach does not apply to voluntary LTD
7. Group must be either non-contributory or contributory with a minimum of 75 percent participation
8. USAble Life quote matches actual in-force commission schedule
9. Must be with the current carrier two or more years
10. All requests for quote must be submitted by GIS to USAble Life Underwriting for review
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