NU Online News Service, May 7, 2003, 4:27 p.m. EDT – Standard Insurance Company, a unit of StanCorp Financial Group Inc., Portland, Ore., has introduced Executive Benefits insurance policies for employers with as few as five key employees.
Most other executive benefits policies are available only for groups with 10 or more key employees, Standard says.
The policies are individual disability policies that supplement group long-term disability plans. They offer richer, more flexible benefits than standard group LTD coverage, Standard says.