Stancorp Financial Group, Inc. is a holding company and conducts business through wholly owned operating subsidiaries throughout the United States. Through its subsidiaries, the Company has the authority to underwrite insurance products in all 50 states, as well as the District of Columbia and the United States territories of Guam, Puerto Rico and the Virgin Islands. The Company collectively views and operates its businesses as Insurance Services and Asset Management. Insurance Services contains two product segments, Employee Benefits and Individual Disability. The Company’s operating subsidiaries include Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, Standard Management, Inc. and StanCap Insurance Company, Inc.