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 […]
Several weeks back, my wife brought to my attention a casting call in the local newspaper for a major Hollywood production. “Extras needed to play soldiers!” Sensing my wife and daughter’s excitement, I agreed to email an inquiry with my picture and gave it little further thought. To my surprise just hours later, I had […]
When marketing and selling disability insurance, one magazine article, one blog entry, one flyer, one digital or print advertisement or one client meeting is not going to cut it. Perseverance is key. Petersen International has been in the disability business for more than 40 years, and one of the most important things we have learned […]
A 34-year-old general dentist was purchasing an established dental practice from his retiring mentor. For the purchase, he sought out a new practice loan from a large bank. As part of the many closing requirements of the lender, the borrower was instructed to acquire and assign disability insurance benefits to financially indemnify the loan repayment […]
COVID-19 vaccinations have proven to substantially quell the Coronavirus pandemic that has affected all of our lives for the past 18 months and closed borders in much of the world. With infection and death rates greatly lowered from a year ago, many national borders and infrastructures are beginning to reopen, not only in the United […]
Since 1953, the Small Business Administration, a federal government agency, has sponsored capital lending programs for small business owners and entrepreneurs, becoming a cornerstone of financial support of the American business world. The SBA partners with various categories of lending institutions including public and private banks and credit unions to offer financing in the form […]
A 46-year-old commercial airline pilot felt rightfully underinsured with his only form of personal income protection being a group long-term disability plan sponsored by his employer. With an annual income of $350,000, this top-tier aviator with significant seniority was unfortunately capped by the airlines’ LTD policy at 50% of his income. It was hardly enough protection to […]
It is with mixed emotions, but mostly great happiness that Petersen International would like to announce the retirement of Terie Garcia, one of the earliest and currently longest-standing employees at Petersen International. I know I speak for the rest of my colleagues and Terie’s co-workers when I say this inevitability is truly bittersweet. Although we are excited […]
Petersen International Underwriters is pleased to remind you that the 17th annual national conference of the International DI Society will commence, in-person this year, on October 11, 2021 in Dallas, Texas at the highly-rated Dallas/Addison Marriott Quorum Hotel. The association has an incredible line-up of guest speakers this year including Diane Boyle, SVP Government Relations, […]
Please enjoy the following recording of Petersen International’s own Tom Petersen as a special guest of Chris Carlson on a recent episode of the DI Coach Podcast. Their frank and enlightening discussion hits on various topics including the future of the Lloyd’s marketplace, conducting profitable business during a hard market and current trends of the […]