PRODUCT NEWS DentalForAll.com. The site simplifies dental benefits by: STARMOUNT LAUNCHES INDIVIDUAL DENTAL PLANS Starmount Life Insurance Company, the dental and vision center of expertise for Unum, has launched four new individual dental PPO plans in Florida and seven other states: Alaska, Colorado, Maine, Min-nesota, Nevada, Pennsylvania and South Dakota. Starmount’s highly anticipated In-dividual Dental 2.0 Plans are now available in 43 states and the District of Columbia. Individual dental plans are an alternative solution for those not eligible for work-place dental benefits, including part-time, contract and other “gig economy” workers, as well as retirees. Starmount’s new PPO plans are a direct response to the growing market demand for individual dental insurance with flexible levels of coverage, highly desirable benefits and plan options. Key advantages of the new dental PPO plans include: • An easy online application process, per-sonalized, web-based tools and mobile app for managing and accessing benefits • An option to add a fully insured vision plan with coverage for an annual eye exam and eyeglasses or contact lenses • No waiting-period plan options and an increasing-maximum plan • Coverage for people ages 65 and older • Access to large, national dental and vi-sion provider networks • Fast claims processing and customer service six days a week Starmount’s technology and online tools improve transparency and accessibility of dental insurance for individual con-sumers and brokers by offering multiple plans on one direct-to-customer website, THE STANDARD LAUNCHES GUARANTEED STANDARD ISSUE INCOME PROTECTION PRODUCT Standard Insurance Company has launched a Guaranteed Standard Issue version of its new income-protection product, Platinum Advantage. Platinum Advantage GSI allows employers to offer highly compensated employees individual disability insurance coverage that can help ensure they can maintain their way of life after experiencing a disabling illness or sickness. “Group long term disability insurance is a strong foundation for employees, • Offering consumers a straightforward, online shopping experience that includes a plan-comparison feature and an easy, three-step purchasing process • Providing brokers with customized agent links and personalized selling websites for client consultations and remote den-tal and vision sales To learn more, visit StarmountLife.com or DentalForAll.com. but it can fall short of providing the full scope of income protection many highly compensated employees need,” said Greg Shumavon, senior director of GSI product at The Standard. “While a typical LTD plan is designed to replace up to 60% of an em-ployee’s earnings, the actual replacement for higher-income earners can be much lower due to plan limitations. This can make it difficult for an employee to maintain his or her lifestyle after experiencing a disability.” To help highly compensated employees overcome this potential income-protection gap, employers can offer GSI insurance as part of their employee benefits package. Coverage provides employees with monthly benefits that can be used to pay bills, take care of their families and maintain their current lifestyles if they become ill or injured and can’t earn a paycheck. There also are a number of advantages for employees to elect income-protection coverage through their employer, such as: • No medical underwriting • No need to submit financial documen-tation beyond the company-provided census • Portable policies that are individually owned • Identical premium rates for men and women • Coverage for employees up to age 99 “Selling GSI benefits can help producers stand out from the competition, as they can help clients layer GSI income protection into their comprehensive benefits plans,” said Doug Waters, second vice president of IDI sales at The Standard. “Recommend-ing GSI products also can help producers strengthen client relationships as these ben-efits are important for employers to attract and retain top talent.” Platinum Advantage GSI plans also include the Family Care Benefit, which pays CODE SIXFOUR UNVEILS NEW PRODUCT Code SixFour recently announced a new product for its Benefits Consulting Cloud: CostLens Benefits Planning. You can now access a unique web portal branded to your agency and your client, add plan scenarios and create a contribution strategy with live modeling. The interactive portal will help you save time on renewals. Visit http://bit. ly/2vPoN2f for more info. 24 ABS | benefitspecialistmagazine.com
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