The Standard Insurance Company: A Comprehensive Review

The Standard Insurance Company is a leading provider of individual and group disability insurance, life insurance, and retirement plans. They have been serving customers for over 100 years and are committed to providing excellent customer service and financial protection to their policyholders.

History and Background

The Standard Insurance Company was founded in 1906 in Portland, Oregon by Leo Samuel and his partners, providing life insurance policies to lumber mill workers in the Pacific Northwest. Today, the company is headquartered in Portland and has over 3,000 employees nationwide. In addition to their headquarters, they have offices in 11 states and serve customers in all 50 states.

The company has a long-standing commitment to the community and philanthropy. They have donated millions of dollars to charitable organizations and volunteer thousands of hours in local communities each year.

Products and Services

The Standard Insurance Company offers a wide range of insurance products and retirement plans to meet the needs of individuals, families, and businesses. Some of their popular products include:

The Standard Insurance Company also offers specialized insurance products for specific industries, such as healthcare and education, as well as voluntary benefits for employees.

Disability Insurance

Disability insurance is one of the most important insurance policies individuals can have. It provides income protection to policyholders in case of a disability that prevents them from working.

The Standard Insurance Company offers both short-term and long-term disability insurance policies. Short-term disability insurance provides coverage for up to two years, and long-term disability insurance can provide coverage up to age 67.

The company’s disability insurance policies also offer a variety of benefits, including rehabilitation and return-to-work programs, survivor benefits, and cost-of-living adjustments.

Life Insurance

Life insurance is an essential part of any financial plan. It provides financial security and peace of mind to policyholders’ loved ones in the event of the policyholder’s death.

The Standard Insurance Company offers both term life and permanent life insurance policies. Term life insurance provides coverage for a specific period, usually 10, 20, or 30 years, while permanent life insurance provides coverage for the policyholder’s entire life.

The company’s life insurance policies also offer a variety of riders and options, such as accidental death and dismemberment coverage, guaranteed insurability, and accelerated death benefits for policyholders who are terminally ill.

Retirement Plans

Retirement planning is crucial for individuals who want to ensure a secure financial future. The Standard Insurance Company offers a variety of retirement plans to help individuals save for retirement, including:

• 401(k) plans
• 403(b) plans
• Pension plans
• Roth IRA plans

The company’s retirement plans also offer a range of features and benefits, such as employer matching contributions, investment options, and automatic enrollment.

Customer Service and Support

The Standard Insurance Company is committed to providing excellent customer service and support to policyholders. They offer a variety of resources and tools to help customers manage their policies and plan for their financial futures.

The company’s website offers a wealth of information and resources, including policy details, online account access, and financial planning calculators. They also have a dedicated customer service team available to answer any questions or concerns policyholders may have.

FAQs

What types of insurance policies does The Standard Insurance Company offer?

The Standard Insurance Company offers a variety of insurance products, including disability insurance, life insurance, and specialized insurance for specific industries.

How long has The Standard Insurance Company been in business?

The Standard Insurance Company was founded in 1906 and has been serving customers for over 100 years.

What types of retirement plans does The Standard Insurance Company offer?

The Standard Insurance Company offers a variety of retirement plans, including 401(k), 403(b), pension plans, and Roth IRA plans.

What options are available with The Standard Insurance Company’s life insurance policies?

The Standard Insurance Company’s life insurance policies offer a variety of riders and options, such as accidental death and dismemberment coverage, guaranteed insurability, and accelerated death benefits for policyholders who are terminally ill.

How can I access my policy information online?

Policies can be accessed online through The Standard Insurance Company’s website. Customers can create an online account to view their policy details, make payments, and manage their policies.

Conclusion

The Standard Insurance Company is a reliable and trustworthy provider of insurance and retirement plans. They have a long-standing commitment to the community and philanthropy, and are dedicated to providing excellent customer service and support to their policyholders. If you are in need of disability insurance, life insurance, or retirement planning services, The Standard Insurance Company is a great choice.