Designed with both a group and a multi life approach, this plan offers premium discounts and underwriting concessions. In participation with another disability insurance plan already in place, it can insure a person for up to 75% of their income and has issue limits of $100,000 per month or more! Groups with special needs, we will design a custom group insurance plan to cover them. Watch our Videos
When a bank lends money to a business, they will require the borrowers to provide disability insurance covering the payments. This ensures the bank that, should the borrower become sick or hurt, the payments will still be made. The preferred solution would be to prescribe disability insurance that would pay the monthly loan payments and/or pay off the remainder of the loan balance.
Most companies have key people who are essential to the success of the business. Whether these people are valuable because of their expertise, power, innovation or information, losing them (even temporarily) could be incredibly detrimental to a company. Key Person Disability Insurance provides crucial benefits to protect the company financially in the event that a key employee can no longer work due to a disability.
Own your own business? Injured or Sick? Unable to work? Companies need cash flow to pay the rent, keep the lights on, fulfill monthly paychecks. If a disability keeps you from working, your company could be forced to close for a short time, or even permanently. Businesses that close temporarily, even for a few months, often cannot regain their footing .
Plans are insured by Certain Underwriters at Lloyds, London
Be sure to review our sample real life claims regarding a business severence claim, below in our Brochure Downloads
Businesses with more than one owner often draw up a buy out plan should one of the owners pass away. In the event of an unexpected death the buy/sell plan ensures the stability of the company. Unfortunately, while most people plan for an unexpected death, many overlook the possibility of an injury or sickness permanently disabling one of the partners; even though a disability is much more likely!
There are many reasons one should consider protecting their business assets and income with disability income protection insurance. Everything from needing to insure a business loan that a bank or lender requires for closing, a key employee in your firm that is critical to everyday functioning of the business, to a guarantee issue multilife or group solution for underinsured groups of employees such as those in physician practices, law and accounting firms and executives.
Guarantee Issue Multi Life Group Disability: As easy ast 1-2-3 !
Bank Loan Indemnification Insurance: A few statistics to consider as to the WHY ?
Business Overhead Expense (BOE) Insurance: A few facts to consider for BOE.
Key Person Disability Insurance: A smart business plan !
To help explain the importance and simplicity of supplemental disability insurance that can be offered on a guaranteed basis to groups of 5 individuals or more, click below to see examples as they pertain to Executives, Physicians and Law Firms.
The Law Firm Need for GSI
The Executive Need for GSI
The Physician / Surgeon Need for GSI
Copyright © 2002-2022 Global Risk Broker & Associates - All Rights Reserved
A Division of eGlobalHealth Insurers Agency, LLC