AN INTRODUCTION TO HIGH LIMIT DISABILITY INSURANCE
The High Limit Disability Plans designed and administered by Petersen International Underwriters and insured at Lloyd’s of London are primarily used to supplement inadequate disability coverage for highly compensated people and to insure persons whose occupations, avocations, medical histories or financial conditions make them unacceptable risks for traditional disability insurers.
The High Limit Disability series provides great flexibility, offering both monthly benefits and lump sum plans that wrap around, fill in, extend or augment existing inadequate plans and bring forward new dimensions in both personal and business disability financial planning.
THE HIGH LIMIT DISABILITY PLANS INCLUDE:
- Executives High Limit Disability
- Physicians and Surgeons High Limit Disability
- Dentists High Limit Disability
- Brokers & Traders High Limit Disability
- Legal Profession High Limit Disability
- Chiropractors High Limit Disability
- Entertainment Business High Limit Disability
- Pilots High Limit Disability
- Athletes High Limit Disability
HIGH LIMIT DISABILITY USES
- Personal Disability Plans
- Salary Continuation
- Business Overhead
- Key Person
- Buy/Sell
- Venture Capital
- Severance Plans
- Pension Disability
- Automatic Issue
- Guaranteed Issue
- Contract Guarantee
- Loan & Lease Indemnification