Petersen International Underwriters

05/04/2023

May the 4th be with you!

Contact us for more information at: [email protected]

03/28/2023

A problem that surfaces with typical buy-out scenarios is that the standard buy/sell insurance policies from both domestic and specialty insurers typically require a 12-month elimination period wherein the insured person must be totally disabled for at least a year before the business receives any insurance monies to help fund the eventual buy-out...

https://www.piu.org/communicators/buy-sell-plus-disability-program

01/24/2023

Petersen International, in partnership with a specialty-market carrier, has engineered some appropriate solutions for those seeking insurance despite their exposure to the cannabis industry. We are able to offer high-limit term death benefits to ma*****na companies for business insurances including key person coverage, business loan coverage as well buy/sell insurance.

https://www.piu.org/communicators/legal-cannabis-sales-continue-to-spread

01/10/2023

This year we foresee a continued evolution of the famed Lloyd’s GSI disability space with a focus on long-term product viability. Group guaranteed-issue excess disability insurance has been a huge premium builder for the market over the last decade and has stolen some of the spotlight from the personal accident market’s bread and butter – fully-underwritten personal disability insurance.

2023 will see renewed interest in individual personal DI underwriting. Market expansion is certainly expected from the top on down.

https://www.piu.org/communicators/the-brightest-prospects-for-2023

12/14/2022

Several insurance products of the Petersen International disability line lend themselves perfectly to a natural upsell environment, and when the circumstances are correct and the stars align, colossal sales are imminent.

https://www.piu.org/communicators/upselling-and-cross-selling-di-products

11/30/2022

What would your client do if he/she were to suffer an illness or injury that resulted in long-term disablement?

What would eventually happen to your client’s income?

Who would continue making contributions to you client’s retirement savings?

https://www.piu.org/communicators/retirement-protection-through-disability-insurance

11/22/2022

Some Reminiscing Thoughts

They came to America an unsettled land
To create a new life and to make a stand
For freedom of spirit of soul and of mind
Fearless as to what hazards they would find
No hotels for shelter, or restaurants for food
No theaters or entertainment to change ones mood.

The vacant land challenged life itself
There were no “How to Books” on the shelf.
The necessity to face the task of personal survival
Became an immediate challenge on their arrival
Their shelter was hewn from quickly felled trees
Assembled out of necessity, not architecture to please.

Seeds stored carefully were planted with care
In trust of the good food the plants would bare.
Nature responded in its usual bountiful way
And provided ample to meet their needs and more
With surplus for the winter to store
A Thanksgiving feast along with their Indian friends
Began a tradition which will never end.

Wishing Everyone a Happy Thanksgiving!

PETERSEN INTERNATIONAL UNDERWRITERS

10/28/2022

Over the past couple of years many small and large insurance brokerage operations have been bought up by other larger brokerage operations. At times, it has seemed like everyone was buying and selling their agency.

For years we have espoused the need for a producer to utilize a top insurance brokerage outlet for disability insurance products.

The reasons were (and still are) easy—A brokerage outlet can give you a full selection of options to solve different needs because they use multiple carriers....

https://www.piu.org/communicators/and-then-there-was-one

08/30/2022

The 2022 IDIS National Conference

Petersen International Underwriters is pleased to remind you that the 18th annual national conference of the International DI Society will commence on October 10, 2022 in Salt Lake City, Utah at the Salt Lake Marriott Downtown at City Creek.

The association has an incredible line-up of guest speakers this year including Kansas City Chiefs Mascot Dan Meers, executive and disability insurance advocate Monica Soltes, sales coach Chuck Hollander, Jr. and healthcare strategist Andy Neary.
Tickets are still available. You can find more information about the conference as well as register on the following site: The International DI Society - Meeting/Event Information

Join Petersen International as we gather with colleagues in Salt Lake City in October to celebrate the disability insurance industry, find out what’s new and trending in the market and meet with new and old friends to exchange business ideas.

IDIS is one of the nation’s foremost financial services associations and the only one dedicated specifically to the promotion of disability insurance and disability awareness.

08/30/2022

Are you a golfer? This is an amazing golf package available for bidding for the Petersen International Underwriters ALS Golf Classic, September 12th. Bidding for this item can be done without participating on the 12th.

In addition to this great item, we will also ahve other amazing items at the auction following the golf tournament including a 2 night stay in the Presidential Suite at the Four Seasons, Las Vegas and a evening wine cruise aboard the Motoryacht Valkyrie.

10:00AM - 4:30PM | ​We invite you to bid on this highly exclusive special package, as part of the Petersen International Underwriters ALS Golf Classic, benefiting the Golden West Chapter of the ALS Association. The winning bidder and a guest will be participants in the 2022 Lexus Champions for C....

08/23/2022

In the last several years, the specialty-market buzz has been focused on the guaranteed-issue disability scene where premium accumulation has begun to challenge the marks set by individually-underwritten disability cases throughout the year. And although Petersen is heavily invested in serving that GSI market, it is the time-tested individual disability (IDI) business that remains our “bread and butter” as it has for more than forty years.

Read more:
https://www.piu.org/communicators/the-bread-and-butter

08/17/2022

The Failure to Survive Product Line

Key Person FTS
Failure to Survive insurance is a simplified-issue business-focused term product requiring no exams or labs that can be underwritten and issued in a matter of days. With liberal underwriting standards and unique flexibility, the Key Person FTS coverage provides a flat key person benefit, and can accommodate impaired-risk cases that would typically be declined or postponed by traditional market carriers.

Business Loan FTS
Most business loans including SBA contracts require the collateralization of life insurance. The Business Loan FTS product offers...

https://www.piu.org/communicators/the-failure-to-survive-product-line