Disability insurance is the greatest resource Americans have in protecting personal income against the very real threat of unforeseen and debilitating illnesses and injuries. A relatively small collection of American insurers offers a range of income protection products, providing unique features and benefit schedules dependent upon on a client’s financial planning needs and the current […]
For almost 70 years, the Petersen name has been synonymous with the disability insurance industry. W. Harold Petersen was raised under the financial weight of his own father’s disablement, so in adulthood, Mr. Petersen sought to immerse himself in the early teachings of income protection. He has made it his life’s work, his career to […]
To run a successful business in the United States, the owner of a company must bring-in enough revenue to sustain usual expenses including rent, mortgages, utilities, loans and the payroll of employees, in turn making a profit to cover his or her own personal income and lifestyle needs. And we all know the corporate world […]
Agents, brokers, advisors, planners, and other producers dedicate considerable time, effort, and money to plan for their clients’ financial wellbeing. The goal is to create adequate cash flow to match expenses under any contingency. Events that affect cash flow include becoming unemployed, having a business failure, getting too old to earn money, getting sick or […]
According to last year’s Milliman survey of the industry, the disability insurance marketplace is thriving and stronger than it has been in 20 years. Much of that success is in part due to the relatively soft DI market and the slowly increasing number of life companies that are expanding their portfolios and offering more disability […]
As I gaze out of my office window, I can tell that summer is in full swing. The Southern California afternoon sky is hazy with smoke and debris from a nearby brush fire, and the hot Santa Ana winds are blowing the branches of the towering eucalyptus trees that outline the building. The surrounding hills […]
I volunteer to go first. Privileged I feel in the fact that I have been spared the physical discomfort and the financial anguish of not being able to perform the duties of my occupation except in three cases throughout my 69 year old career. The First Time At the age of 33, I mysteriously became […]
Millions of Americans travel outside the United States every year for business and pleasure. Most venture to generally innocuous locales which are familiar or which they feel a sense of safety even though the most generic and democratic cities of North America, Europe or Asia can harbor diverse forms of criminality. Yet others choose to […]
The human body is fragile. Although Mother Nature has given us a sturdy structure of bone, muscle and tissue with the incredible ability to withstand trauma and heal, we aren’t impervious. No matter how healthy a person may be and no matter how much he or she stays physically fit, every human body is susceptible […]
The living of life costs lots of money. From the first breath of life until the last, we must spend, or someone must spend for us, money to pay for the cost of living. One’s income must equal outgo because, “Life is a Cash Flow,” and if income stops, we are financially dead. People face […]