The PIU Communicator Library
The Buy/Sell Plus – Disability Insurance - 03/29/2021
Buy/sell disability insurance is an absolutely 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 […]
Risk Spotlight – Real Life Case - 03/22/2021
A veterinary practice was seeking key person disability insurance on their head small animal vet. She runs the clinic, is 53 years old and is in great health. Her salary is $150,000 a year, and the partners of the practice felt some additional business insurance on her ability to work was quite prudent considering she is the […]
Protecting That Which Is Essential - 03/01/2021
The “rainmaker.” The term typically holds substantial clout, influence and respect. Defined as “a person who generates income for a business or organization by brokering deals or attracting clients or funds”, a rainmaker is a key employee or business owner, usually a go-getter who is mainly responsible for a firm’s incoming new business and retention […]
Risk Spotlight – Real Life Case - 2/22/2021
A 43-year-old surgeon was seeking supplemental disability insurance to financially protect his young family should he suddenly be unable to work due to an accident or illness. With an annual income of $800,000 and a total of $25,000 per month of underlying income protection, the client was maxed-out with traditional carriers and unable to attain […]
Risk Spotlight – Real Life Case - 01/25/2021
A relatively healthy 62-year-old executive and business owner was seeking disability insurance to help fund a buy/sell agreement as part of his firm’s succession planning, but had been previously declined by several traditional-market disability carriers because of his age. He turned to Petersen International for a solution, and we were able to underwrite and issue […]
The Petersen Platform of Specialty Markets - 1/18/2021
After nearly 40 years, Petersen International Underwriters continues to be the foremost one-stop shop for unique and dynamic insurance solutions for persons inadequately served by domestic insurance companies alone. The global insurance landscape is evolving. Markets are hardening domestically and overseas. Carriers are tightening up on offerings and broadening restrictions. The COVID-19 pandemic has wreaked […]