Risk Spotlight – Real Life Case

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 him a three-year, renewable policy term with monthly benefits of $16,667, payable for up to five years after a 12-month elimination period.  The coverage properly satisfied the agreement with his business partners.

Petersen International has the insurance solutions your clients need for excess coverage and insurance on hard-to-place cases.