The PIU Communicator Library
What Ever Happened to “Best Practices”? - 10/18/2021
Best Practices is a term that was used frequently in the 1980’s up to about 2010, but has faded a bit in the past decade. Best Practices was a term used to describe a set of “standards” to insure consistency and reliability for clients (and producers). It was designed to be a comparison with some […]
Risk Spotlight – Real Life Case - 09/21/2021
A 42-year-old general dentist was in the process of purchasing a flourishing practice from a retiring colleague. To fund the $1,250,000 transaction, she had secured terms for a practice loan from a commercial bank on a 10-year note. The client had satisfied most of the lender’s demands, but was struggling to secure a collateralized life […]
Not All Lloyd’s DI Policies Are Created Equal - 09/13/2021
The use of Lloyd’s of London personal lines coverage has seen an increase in recent years. One reason is due to the realization by employers that benefit options must address the needs of their diverse workforce which includes protecting highly-compensated key employees with an equitable disability benefits solution. Remaining competitive by attracting and retaining key […]
The Magic of Single-Pay Disability Premiums - 08/30/2021
Petersen International prides itself on its customer service. And that attention to service doesn’t end at the quick turnaround of insurance quotes, flexible underwriting or policy servicing by our helpful and professional staff. We also strive to make the paying of premiums as easy and as comfortable as possible for the agents we work with […]
Risk Spotlight – Real Life Case - 8/18/2021
A 61-year-old executive business owner was in the process of setting-up a proper financial succession plan with his younger business partners. They had formed a legally binding buy/sell agreement to settle the purchase of corporate shares and payoff families in case one of the partners suddenly died or became permanently disabled. Life insurance policies were […]
New York Disability Bill Passes - 08/09/2021
Petersen International is extremely pleased to announce we can now write business disability insurance programs in the state of New York. The legislature for the state of New York as well as Governor Cuomo have officially signed bill S5760-A into law. Known as Catastrophic Business Disruption Insurance, the bill allows for business disability insurance to […]