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Benefit Options

  • Accidental Death (AD) more information
  • Dismemberment (AD&D) more information
  • Permanent Disability (AD&D & APTD) more information
  • Sudden Cardiac Arrest (SCA) more information
  • War & Terrorism Coverage more information

Accidental Death pays the Principal Sum Benefit to the designated Beneficiary in the event of death due to accidental bodily injury, or exposure to weather as a result of an accident or disappearance or the sinking of a conveyance on which the insured was a passenger and the body is not found within 365 days of the accident. (Benefit limited to 10 times annual income.)

Dismemberment includes the loss of use of both hands or feet, or one hand and one foot, or the loss of sight of both eyes. The Principal Sum Benefit is paid for those losses. One half the Principal Sum amount will be paid in the event of the loss of sight of one eye, the loss of use of one hand or one foot, the hearing of both ears or the ability to speak. (Benefit limited to 10 times annual income.)

Permanent Disability pays the Principal Sum Benefit if the Insured has been totally disabled from an accident for a 365-day Period and at the end of such period it is determined by competent medical authority that the Insured will not recover from the effects of the sustained injuries to the extent of ever being able to resume the Insured's occupation. (Benefit limited to 10 times annual income.)

Sudden Cardiac Arrest is available only with the 24 hour AD&D benefit. This coverage pays the full benefit if an insured person dies within 72 hours of a sudden cardiac arrest. (Benefit is limited to 10 times annual income.)

Limited War & Terrorism means claims caused or contributed to by an act of war or terrorism,

HOWEVER, this rider does NOT cover such claims consequent on:

(a) war and civil war (whether declared or not) other than passive war. Passive: defined as not taking part, or

(b) an act of war or terrorism involving the use or release of any nuclear weapon or device or chemical or biological agent, regardless of any contributory cause(s).

High Limit Accident Insurance

As much as we try to avoid them, accidents happen. No one anticipates having to manage the financial and emotional hardships that occur in the wake of an accidental death or life changing injury. However, with PIU’s High Limit Accident Insurance, you can be prepared for the worst and eliminate the financial stress that accompanies a death or permanent disability due to a devastating accident.

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Take The Case Of...

ABC Company who had two top executives traveling by private air charter to Baghdad, Iraq. They would be there for 48 hours before returning to the U.S. The concerns they had were that their group benefits (both life and disability) had war and terrorism exclusions. Petersen International Underwriters helped out by securing coverage for this war and terrorism risk. Just because it is a short term need, or an event that seems too risky, never say never and give us a call.

Petersen International Underwriters’ High Limit Accident Plan will cover an individual or a group 24/7 with issue limits from $100,000 to $100 million in the case of an accidental death or dismemberment. This high limit plan can also be tailored to insure you against specific risks such as war and terrorism (even in war zones), aviation, common carrier transportation, motor racing, and mountain climbing, to name a few.

At Petersen International Underwriters we know you don’t always have the time to complete the traditional insurance application process. Our High Limit Accident Insurance Plan will have you fully covered easily and quickly, with no medical underwriting and just a one page application. For last minute cases that require a quick turnaround, coverage can be secured quickly online.

Accidents resulting in a death or dismemberment may not be avoidable, but when it comes to the excessive amount an accident can cost, Petersen International Underwriters has you covered with the High Limit Accident Insurance Plan.