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
Was this article valuable?
Here are more articles you may enjoy.
Dubai Flights Disrupted After Drones Injure Four Near Main Airport 
Stryker Remains Offline After Cyberattack Linked to Iran Group 
Prices for New Cars Have Soared. Here’s One Big Reason Why 
Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse From This Issue
