Effective January 1, 2020, Assurity will be making the following changes to our disability income (DI) products offered in Massachusetts. Century+ DI will be repriced with gender-neutral rates, to comply with Massachusetts Bill H.482. The 30-day elimination period for Century+ DI will also no longer be available. Simplified DI, Business Overhead Expense DI and the Monthly Disability Income Rider offered with Assurity Term will all be discontinued. At this time, the Graded Benefit DI product will not be affected by this Massachusetts regulatory change, as this product was approved through the Interstate Insurance Product Regulation Commission (otherwise known as the compact).
Applications for Simplified DI, Business Overhead Expense DI and the current sex-distinct Century+ DI and the Assurity Term Monthly Disability Income Rider must be signed and received at Assurity by November 30. Illustration and e-applications systems for these products will be no longer available after December 1. If you have any questions, please call Customer Connections at 800-276-7619, Ext. 4264.