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06/26/2019
Printers’ Disability Trust Announcement
Exciting news from Printers’ Disability Trust! Effective June 1, 2019, the Trustees of PDT approved the following items:
PDT’s rate guarantee period with Standard Insurance Company will be extended to January 1st, 2022 (was January 1st, 2021) ensuring more stability with PDT than ever before.
For all insured employees, PDT will pay 100% for an additional $20,000 of Life/AD&D, all guaranteed issue and separate from the basic PDT Life Program. The member, or employee, must be insured under the basic PDT Life Program to receive this benefit. So, as an example, you can provide $10,000 in life insurance and receive an additional $20,000 – What better way to reward your employees at no cost to you?
The Short Term Disability (STD) and Long Term Disability (LTD) rates will be continued and the rate guarantee period will also be extended to January 1st, 2022. In addition, the Trustees voted that all Life/AD&D/STD & LTD premiums be reduced by 15% effective June 1st, 2019. These changes provide long term stability and lower premiums for member companies; goals PDT has vowed to keep.
PDT intends to be competitive in the marketplace and may well be able to beat your current rate.
Printers' Disability Trust is a benefit of membership that enables you to provide short-term and long-term disability insurance to your employees at minimal cost to you. Want to be a major player in the marketplace when trying to recruit employees? Then your benefits better be the cream of the crop. This benefit of membership enables you to provide the insurance at a reasonable cost. Your employees will be grateful.
To learn more about short-term or long-term disability insurance, call your Business Development Director at (888) 576-1971.
