Guardian and Berkshire have released a new ProVider Plus series for their disability insurance portfolio, effective Jan. 3.
Among the individual disability insurance policy highlights are a pure own-occupation definition of total disability for all occupations, medical specialty protection for physicians and dentists, a recovery benefit for up to the entire benefit period through residual disability benefit rider, a graded lifetime indemnity benefit rider, no mental and nervous limitations and a four-year delayed COLA.
The product is approved in Delaware, Virginia and Washington, D.C., with additional approvals in Maryland and Pennsylvania expected later this quarter, according to Steve Crawford, principal of Guardian Disability Insurance Brokerage.
Guardian Disability Insurance Brokerage is holding a series of Internet seminars on the new product.