Original line of business: Aetna
Updated on: Dec 14, 2018
- Proguard Series is designed for professionals, executives and white-collar employees who are seeking the best possible disability protection.
- Proguard Series features a "regular occupation" definition of total disability. This means that we consider clients totally disabled if they cannot work at their former occupation, as long as they are not actually working in a new occupation. "Own occupation" coverage is available as a rider and is designed for professionals.
- Proguard Series offers two "reduced disability" options - residual or partial benefits. Clients can alternate between the two during the first 12 months of a claim, after which they can choose their preferred option for the remainder of the claim.
Basic product information
Premium paying period
Expiry date refers to the monthly anniversary of the policy date following clients 65th birthday. Coverage provided by this policy will automictically terminate on the expiry date
Values, loans & withdrawals
Non forfeiture option: Yes
31 day grace period
Reduced paid up
Riders & benefits
Premium offset/holiday: N/A
If your client dies while eligible for monthly disability payments, we will pay an additional benefit of 3 times the monthly benefit to the designated beneficiary