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, 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.
Florida Condo Manager, Contractor Charged in Alleged $186,000 Kickback Scheme 
Florida Home Sellers Cutting Prices Adds to Pressure on Lennar 
Buffett Steps Down as Berkshire Chair, Ending Six-Decade Run 
Are Software Vendors Holding Insurers Hostage? Build Your Own, Webinar Says From This Issue
