Life Solutions for Unusual Risks

Father and DaughterSeptember is Life Insurance Awareness Month (LIAM). Hopefully you have all seen and used the great marketing material and informational pieces coming out of Life Happens in coordination with LIAM. This year’s LIAM spokesperson is the world renowned racecar driver Danica Patrick. Her message to the public is that driving a racecar is risky, but not having life insurance is even riskier. Every American should have sufficient life insurance so as to mitigate the risk of financial difficulty upon family and loved ones in case of an unexpected passing.

Danica’s message is clear, concise and oh so true. Life insurance benefits aren’t going to stop the pain and grieving and they certainly won’t replace the loss of a loved one. But the financial security that is replaced by life insurance will soon begin to curb the economic uncertainties facing a family who prematurely loses and income earner. Replacement of lost future income does bring reassurance to those dealing with a death, shedding some light on usually very dark times.

We all know there are countless American companies that offer life insurance, and I am sure you have your favorites and contracts with several if not many. Those companies suit your needs and your clients’ needs in most cases, but there are times that your go-to carriers don’t have a solution for you. In those cases, you may try other companies or even refer the business out to other brokers, but the inquiries keep coming back with negative responses. Your clients need a proper death benefit and Petersen International probably has a solution.

Petersen International writes life insurance and other products that provide death benefits on risks that don’t fit into the usual life insurance mold. U.S. citizens and employees of U.S. firms living outside the United States can’t attain life insurance through American insurers, but Petersen International offers term life insurance to American expats, overseas contractors and employees of American companies working outside the country. From examination to underwriting to policy issue, the entire insurance transaction can be completed with the client living internationally including war zones and political and socioeconomic hotspots. We can cover Americans anywhere outside the United States.

Regarding risks closer to home, we have an incredibly adaptive accidental death (AD) insurance platform that provides viable options to many dead ends. Petersen’s AD plan is a regular solution to coverage for professional athletes, pilots, amateur and professional motorsports enthusiasts, international travelers, extreme sports fanatics and as importantly, to those who can’t qualify for traditional life insurance due to less-than-preferred health histories. Our AD coverage is very flexible and can be written on group and individual chassis with additional benefit options of dismemberment and disability.

And speaking of Ms. Danica Patrick, she would be a prime candidate for a Petersen International high-limit accidental death plan, providing her loved ones or her sponsors with the financial protection of her life on and/or off the racetrack.

Petersen International is synonymous with unusual risk. We have been writing hard-to-place disability cases for almost 40 years. The same goes for life insurance. We have extraordinary solutions that aren’t available through most U.S. carriers. Next time you have a tough life case, give us a call.