Guaranteed Issue and Guaranteed to Issue Programs

A Plan for Supplemental Disability Insurance Way Beyond the Traditional Limits of Group LTD and Individual Disability Wraps

Now you can easily accomodate Excess high limits for group carve outs with available monthly benefits as high as $25,000 or more in addition to their current coverage

Executive Groups
Physician Groups
Attorney Groups
CPA Groups
Most Groups Considered

Because so many highly compensated employees have been denied adequate and reasonable amounts of disability insurance, we have designed the "Group High Limit Disability Plan". It is designed to be used once the traditional markets have maxed out or may not wish to consider the risk for other reasons. Sound financial planning begins and ends with income planning. Proper income planning is impossible without adequate amounts of disability Insurance.

Most State insurance laws still provide for the segregation of classes of employees within an organization. Therefore it is possible to develop a basic Group LTD plan for the entire firm and supplemental coverage for the highly compensated employees. Typical LTD plans will cover 66% of income with a maximum cap of $10,000 or perhaps $15,000 per month. Group LTD plans typically do not cover bonus income or other compensation above salary. If the maximum cap is $15,000 per month, then all those employees in the firm who earn more than $275,000 annual income are being denied adequate disability income replacement coverage.

If a firm has more than 5 employees in a high income category, then a simplified approach to insuring these employees may be considered. Under 5 employees we are happy to consider on an individual basis. With Guaranteed To Issue available for firms with 5-9 eligible employees or Guaranteed Issue available for firms with 10 or more eligible employees, the complications of individual underwriting have been solved.

Benefits higher than the published guidelines can also be considered for the eligible group or individually carved out. For an example a firm may have 10 employees who are eligible for $25,000 per month of additional supplemental disability coverage and then they may have another two employees who may be eligible for benefits beyond this level. We can look at those two employees with a few additional underwriting requirements and provide as much as an additional $100,000 or more in monthly benefits.

Guaranteed To Issue: Individuals may be rated or specific exclusions may be placed in the policy.
Guaranteed Issue: All individuals will be issued a standard policy.

*Pre-existing Condition means a condition, disease or injury for which medical advise, diagnosis, care or treatment, including the use of prescription medication was recommended by or received from a licensed health care practitioner during the six months immediately preceding the effective date.

The above guidelines are subject to market support and underwriters prior approval of the group. These guidelines are subject to change without notice.

Petersen International Underwriters want you to understand how they protect the confidentiality of non-public personal information they collected about you.

PIU collects non-public information about you from numerous sources including, but not limited to:

1. Information PIU receives from you on applications and other forms;
2. Information about your transactions with the affiliates, others or PIU;
3. Information PIU receives from consumer-reporting agencies; and
4. Financial and medical sources.

PIU does not disclose any non-public information about you to anyone except as is necessary in order to provide the products or services to you or otherwise as required or permitted by law (e.g. subpoena, fraud investigation, regulatory reporting, etc.).

PIU restricts access to non-public personal information about you to PIU's employees, PIU's affiliates' employees or others who need to know that information to service your account. PIU maintains physical, electronic and procedural safeguards to protect your non-public personal information.

If you have any further questions about this privacy statement or would like to learn more about how PIU protects your privacy, please contact us.

This plan is administered by

Petersen International Underwriters
23929 Valencia Boulevard, Suite 215
Valencia, CA 91355-2186

It is underwritten by Certain Underwriters at Lloyd's that is rated A "Excellent" by A.M. Best.

This is not intended to be a complete outline of coverage. Actual wording may change without notice.