Recent Improvements to our Disability Income Insurance Plan - Feb.2012
The CBIA is pleased to announce a new and improved Disability Insurance plan effective February 1, 2012. We’ve worked hard with our insurer to make a great plan even better!
Features include:
• The ability to choose between a fixed level premium for the duration of the policy and a stepped premium that offers a lower initial cost that will gradually increase with age*.
• More benefit choices to help you customize your protection to suit your personal needs and budget.
• Improved, easier to understand contract wording.
• Should you leave the legal profession or change your status as a lawyer, your benefits do not change and you will not lose your coverage regardless of the nature of your new occupation.
New lower rates at many ages! If you have disability insurance elsewhere, we invite you to compare our cost. With CBIA Disability Income Protection, you have the ability to share in our success. Although we strive to set our premiums at break-even levels, sometimes we exceed our long-term requirements. Most other insurers would keep this as profit, but we share this success with our customers. While we can’t guarantee the future, in November 2011 most of our Disability Insurance customers received a partial refund of their 2010 paid premium.
Your ability to earn an income is your most important asset. Ensure you have the best protection at the lowest price. Call
To learn more about the CBIA Disability Income Insurance Plan, please click here.
* CBIA rates are not guaranteed. Rates are established with a break-even goal. This may result in regular adjustments over time. While we cannot guarantee future rate adjustments, historically, our conservative management approach has allowed us to lower costs or improve benefits without increasing rates for most of our clients.