Rockwood Launches New Disability Income Product
Rockwood Programs has partnered with ASU International Inc. to launch a disability income product uniquely 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.
The Rockwood Executive Disability Income Program offers limits up to $30 million. Coverage is available in all states. 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.
Interested parties can access Rockwood’s Web site at: www.rockwoodinsurance.com to learn more about the program, download informational materials, and secure indications of premium. The company can also be contacted directly by calling toll-free (877) 242-2487.
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