Combination Plan

Combination Plan
  • Shares the responsibility for benefit between group and individual coverage from the beginning of the elimination period.
  • By example, if the target is 70% of gross income and executive may receive 40% income replacement from group insurance and 30% from individual coverage, 35/35%, etc.
  • Provides each insured executive with a higher percentage of their total benefit from higher quality individual coverage than a layered plan.