When selling life insurance, many producers may use the pitch that one excellent reason to purchase life insurance is for asset protection. The concern, of course, is that upon death there are numerous financial obligations that must be resolved, ranging from estate taxes to financial dependency for the surviving family members. The funds from the […]
All disability insurance carriers have genuine concerns regarding overinsurance, as it has the potential of creating a moral hazard of enticement to file unsubstantiated and unnecessary claims. Traditional disability insurance carriers address this phobia in the form of issue and participation limits…
Guaranteed issue multi-life disability insurance does not have to be limited to personal disability coverage. Petersen International Underwriters’ multi-life disability insurance can be used to indemnify business risks as well. Take the case of…A medical practice made up of ten surgeons who were in need of Business Overhead Expense coverage in excess of what their insurance agent was able to acquire through the traditional disability insurance market…
Businesses are structured in various ways these days. Some of these frameworks are partnerships, LLC’s and corporations, and within each entity there can be many unique designs causing underwriting issues for the traditional disability insurance marketplace… Learn More