This has been an extra eventful fire season in California. Here in the southern part of the state, the infamous Santa Ana weather phenomenon has produced record-breaking wind patterns in the last couple of months that have produced sporadic gusts over 70 miles per hour, wreaking havoc on trees and power lines all over this […]
Life and disability insurance sales are often hampered by a commonly occurring problem – impaired risk. “My client takes meds for depression. My client has a leaky heart valve. My client has been arrested for DUI. My client is too heavy for his/her height. My client was recently diagnosed with Parkinson’s. My client has HIV. […]
A DI expert looks at the disability income market and what can be done to increase agent involvement in DI protection solutions. What are your assessments of the individual, group, business, and excess disability markets today? The specialty and high-limit DI market is strong, but we have seen a relative plateau in IDI business and […]
Without financial protection of one’s paycheck, a person stands to lose their single most vital source of economic freedom. Income provides for the necessities for one’s family – it pays for food, shelter, transportation, education, healthcare and all of the other bills and costs the average American encounters on a daily basis. It also allows […]
Life insurance is naturally very important to persons who fly airplanes or helicopters for either work or recreation. Although advances in aircraft technology, flight practices and pilot training have made traveling by air generally safer than riding in an automobile, accidents do happen and planes do crash. Many hundreds of American pilots and their passengers […]
Lending institutions are a cornerstone of the American business world. Business owners and entrepreneurs commonly employ the services of banks and private lenders to secure financing in the form of SBA and other business loans to start, grow and generally improve corporate ventures in this country. But considering the voluminous number of start-up businesses that […]
The business world is like a complex organism, a living thing that moves and breathes, grows and contracts, flourishes and stalls. It is ever changing according to a multitude of influences like the stock market, politics and local economies which all can greatly affect businesses no matter their size or their industry. Because of economic […]
According to a 2019 study by the U.S. Bureau of Labor Statistics, the median age of the American workforce is under 42-years old, yet most disability insurance sales (and the sale of most elective insurances for that matter) are made to employed persons over the age of 45. We can then extrapolate that a majority […]
Buy/sell disability insurance is an integral part of any sound business succession plan, providing monthly or lump sum proceeds to a business owner with the explicit intent to purchase corporate shares from a permanently disabled partner; essentially allowing a healthy owner or owners to buy-out a disabled partner’s interest in the company. A problem that […]
For more than a decade, Petersen International has been nurturing and coddling the fledgling Guaranteed Standard Issue (GSI) disability insurance market. But the sector has now come into its own. It is the most efficient and economical method for business owners to insure themselves and their employees against disablement and the subsequent eventuality of loss […]