Lending institutions are a cornerstone of the American business world. Business owners and entrepreneurs commonly employ the services of banks and private lenders to secure financing in the form of SBA and other business loans to start, grow and generally improve corporate ventures in this country. But considering the voluminous number of start-up businesses that […]
The business world is like a complex organism, a living thing that moves and breathes, grows and contracts, flourishes and stalls. It is ever changing according to a multitude of influences like the stock market, politics and local economies which all can greatly affect businesses no matter their size or their industry. Because of economic […]
According to a 2019 study by the U.S. Bureau of Labor Statistics, the median age of the American workforce is under 42-years old, yet most disability insurance sales (and the sale of most elective insurances for that matter) are made to employed persons over the age of 45. We can then extrapolate that a majority […]
Buy/sell disability insurance is an integral part of any sound business succession plan, providing monthly or lump sum proceeds to a business owner with the explicit intent to purchase corporate shares from a permanently disabled partner; essentially allowing a healthy owner or owners to buy-out a disabled partner’s interest in the company. A problem that […]
For more than a decade, Petersen International has been nurturing and coddling the fledgling Guaranteed Standard Issue (GSI) disability insurance market. But the sector has now come into its own. It is the most efficient and economical method for business owners to insure themselves and their employees against disablement and the subsequent eventuality of loss […]
Petersen International appreciates the importance and the fortuitous opportunities available in the burgeoning private equity space. The market is rife with rewards for adept advisors. We are pleased to provide the following new materials for your use as you see fit within your business. Please contact Petersen International Underwriters at (800)345-8816 for specific product information.
The Petersen International Simplified Underwriting DI plan is on a roll and needs to be a staple of your product portfolio. The “own-occupation” defined policy streamlines the underwriting and acquisition of excess disability coverage, saving clients valuable time and money. After a prospect has been approved for and issued a fully-underwritten disability policy from a […]
The most important and fundamental of critical assets to the continuation and success of any business of any size is not in its financial holdings, nor is it in the more tangible equities like office equipment, real estate and machinery. A company’s most important assets are the people upon which it depends every day to […]
The trend of pushing the age of retirement back a few years is on the rise. Americans are living longer, and therefore needing to work longer. Wealth accumulation periods have increased due to the need for longer-term financial sustainability, as we are regularly seeing entrepreneurs undertaking new business ventures well into their sixties. The vast […]
Many millions of Americans work for a living, earning regular paychecks that provide for the necessities of life (food, shelter, clothing, transportation, insurance premiums, education, etc.) for themselves and their families, but most lack sufficient income protection. It’s inherently understandable to disbelieve in one’s own morbidity and physical demise, yet statistics show that a healthy […]