Nuts & Bolts: Rockwood Programs has partnered with ASU International Inc. to launch a disability income product positioned to meet the coverage needs of highly compensated personnel. The initiative, called the Rockwood Executive Disability Income Program, helps protect insureds against financial loss resulting from accident or illness. The product is aimed at personnel with annual incomes over $250,000.
Dollars: This program offers limits up to $30 million. The premium charged for the coverage is based on a host of factors, including occupation, health of the individual insured, coverage options selected, etc. As a general rule, the annual premium equates to approximately 1 percent to 3 percent of the individual’s annual income.
Carrier: Varies from state to state.
States Available: All states.
Contact: Carl Wilson, (302) 765-6043 or carl.wilson@rockwoodinsurance.com.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
Hurricane Isaias Reaches Cat 3 Status as Insurers, Adjusters, Property Owners Prepare 
McDonald’s Hit With Class Action Alleging AI-Powered Menu Price-Fixing 
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments 
Karen Clark Rolls Out Severe Convective Storm Model 5.0 From This Issue
