Buy Sell Life Insurance
Any responsible adult knows that obtaining a secure and substantial Life Insurance policy is incredibly important. Unfortunately some people have difficulty finding a carrier willing to provide the coverage. The inability to locate a willing insurance carrier is especially hindering for your clients in need life insurance to indemnify a buy-sell agreement. Petersen International Underwriters developed the Buy Sell Life Insurance Plan for your clients who need a plan, but find themselves unable to obtain life insurance coverage from the traditional insurance market.
Whether your clients cannot secure life insurance because of their age, medical issues, credit history or past DUIs or drug usage, Petersen International Underwriters will take the necessary measures to endorse an adequate policy. The application process is straightforward and fast and your clients will not need to undergo medical exams prior to coverage. So even if the buy sell agreement has tight time constraints, PIU can work quickly enough to help your client close the deal.
When your clients need life insurance to close a buy sell agreement but cannot secure coverage from a traditional carrier, facilitate their business deals by helping them secure the Buy Sell Life Insurance plan from PIU.
Common UsesBuy Sell Life Insurance would be appropriate for clients that...
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Take the Case of...Mr. K, a 63 year old business owner. Three years ago he was diagnosed with cancer. Thankfully with chemotherapy he was able to recover and resume a normal life, but now he could not get approved for life insurance because of his medical history. We were able to issue him a $3 million Buy Sell life policy with a cancer exclusion. |

