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
With interest rates at all time lows, business owners are relying on SBA and institutional loans more frequently to help grow their businesses. Business loans are great tools to acquire quick cash, but also bring about the concern of the physical loss of the business owner…
Mrs. Y, a talented litigation attorney working for a large law firm in New York. She was offered a two year assignment with the U.S. President’s administration. This assignment would provide an income of $250,000 annually and would prove to be an exemplary credential for her…
In the world of individual disability insurance sales, most insurance agents tend to prescribe monthly disability benefits payable to age 65. This “to age 65” benefit period has become expected and alternatives are rarely considered… Learn More
A Winner in 2012, Bound for Glory in 2013 Petersen International Underwriters has posted its results of 2012’s disability insurance production, and the Guaranteed Issue Supplemental Disability plans have outpaced the sale of all other products. Traditional Group LTD plans typically do not adequately cover highly compensated employees or partners. Our supplemental Disability Insurance plans […]
Untitled Document November 27, 2012 Real Life Cases: Dr…
Wednesday, November 21, 2012