With the college football season over, some players are making decisions either to enter the NFL draft or to stay in school for another year. There are now new, insurable opportunities to sell life and disability insurance to both professional prospects and returning student athletes…
The Small Business Administration (SBA) requires life insurance to collateralize its loans and will not fund a loan until coverage is in force. With PIU’s Business Bank Loan Life program we can generally get large limits of life insurance in force in 24 hours…
“I thought you would like to hear this,” wrote a Brokerage General Agent. “I had a broker with a case that was declined by two of our industry’s largest and oldest disability insurers due to a capital gains situation,” he continued “After your presentation, I called the broker back and explained that I had found a solution…
A recent survey indicated that the number one concern for U. S. households is thesudden loss of income. Yet when the same people were asked about listing theirinsurance coverages in order of priority, Disability Insurance fell way down the list…
Take the case of… Dr. C is married to Dr. J. Dr. J owns the practice. Dr. C is a W-2 employee. They share the expenses of the practice equally. Traditional carriers will not offer Dr. C any Overhead Disability Insurance because Dr…
Take the case of… …Two foreign born doctors, who were in the United States on education visas while they studied in very specialized fields. They were hired by a hospital in Texas upon completion of their studies, and their visas were adjusted to work visas to reflect the change, but only for as long as they were employed by the Texas hospital…
Air France Flight 447 carried passengers from throughout Europe as well as Africa, South America, Asia, the U.S., and Canada. Crossingmany ethnic cultures, a span of ages (11-70), and many occupations, this unfortunate plane mysteriously disappeared in storm laden skiesoff the coast of Brazil on its way from Rio de Janeiro to Paris…
… three partners whose firm would like to purchase $2,000,000 of key person life insurance on each of the very busy partners. Like many Key Partners, they shunned the extensive underwriting requirements and the required para-med exam.The producer called Petersen International Underwriters and was provided quotes on each partner for a $2,000,000 Key Person Contingent Life Plan…
Take the case of…… Mr. Real Estate Developer who had a project that he needed to get funded. The lender was requiring life insurance to be in place on the key person. Two years ago Mr…
A producer called the other day trying to find a solution to a disability insurance problem, a new problem created by the current economic recession. Here is how the story went:A business firm that is trying hard to survive the country’s economic downturn decided to cancel its Group Long Term Disability Plan in an effort to save money…