The coverage provides monthly benefits to match overhead expense costs in the wake of the disablement of a business owner so daily business operations may continue.
When corporate owners apply for bank loans to cover business start-up or expansion costs, lenders often require disability insurance be collaterally assigned for loan closure.
Buy/Sell DI is a fundamental safeguard in succession planning in case of the long-term disablement of a business owner and the contracted buy-out of the owners interests.
The coverage provides crucial benefits and cash flow to businesses facing financial hardships as a result of the disablement of a business owner or key employee.
The above business DI plans are also available on a multi-life chassis, featuring guaranteed- issuance and discounted premiums.
Most doctors are unable to appropriately insure their income through traditional disability carriers alone because of low issue limits and generally modest caps on group coverage.
This is a versatile plan with many uses for high-net-worth individuals. It is ideal for the executive who may need additional personal disability or business disability insurances.
Dentists are skilled professionals who are typically well advised on the importance of income replacement insurance, but are commonly unable to obtain proper high-limit levels of coverage.
With relatively high annual incomes, attorneys are frequently unable to purchase sufficient levels of disability insurance through traditional channels and must turn to our supplemental coverage.
High-limit, excess disability insurance is available on a multi-life, guaranteed-issue basis with huge group discounts. This plan is the new star of the disability insurance world.
Typical definitions for professional pilots have become antiquated. Our Loss of License plan is a progressive creation, providing benefits for pilots based on the loss of medical certification.
Due to common gaps in employment and sporadic income trails, entertainers are uninsurable through traditional DI channels. Our Starcover plan is the perfect solution for entertainers.
Professional and collegiate athletes can acquire financial protection against loss of value as well as career-ending sickness or injury.
Not every client or occupation fits the “preferred” mold. The DI Solutions plan provides income protection solutions for almost any occupation with an “own occupation" definition.
Due to categorically poor claims history, most insurers won't write chiropractors, but our plan provides specific disability protection for the financial needs of chiropractors.