Prestige Disability - PDF document

1 Prestige Disability For Highly Compens
Prestige Disability For Highly Compensated Individuals Prestige Disability Insurance from Specialty Group Many times high net-worth individuals do not have an adequate amount of disability insurance to protect their individual earnings. Typical individual and group disability policies are not enough to compensate for the substantial incomes of these athletes, executives and entertainers. Our prestige disability insurance products for highly compensated individuals help provide the excess protection that is missing from the traditional disability market. We have policies ranging from key person disability to critical asset protection (CAP) in order to meet these needs. Coverages Oered Permanent total disability Temporary total disability Buy-sell disability Key person disability Critical asset protection Accidental death and dismemberment Reasons for Prestige Coverage Disabilities do not discriminate. It can happen to anyone regardless of income or occupation. So, if your income is the size of a professional baseball player or you are as critical to your organization as a professional quarterback, Specialty Group will construct a policy to help protect your family, business or partners. Our products are critically important for underinsured highly compensated individuals who are concerned about their nancial viability should they become disabled. Regardless if the insurance need is for an individual executive, entertainer or athlete or it’s on behalf of a corporation, entertainment studio or a baseball team, Specialty Group has the experience, knowledge and time-tested commitment to these niche markets to provide you with a meaningful insurance solution. Target Insureds • Actors • Athletes • Authors • Business owners • CEOs • Directors • Doctors • Entertainers • Entrepreneurs • Executives • Financial investors • Hedge fund managers • International executives • Investment bankers • Irreplaceable employees • Lawyers • Managing partners • Musicians • Portfolio managers • Producers • Scientists • Surgeons Highlights • “Own occupation” denition • Limits of up to $100 million (higher limits may be available upon request) • Three to ve year policy periods • Five year benet periods • Residual rider option available • Individual or group carve out excess policies • Worldwide coverage • Lump sum options • Dedicated underwriting team with specic focus on executive, entertainment and sports products • Indications are available based on preliminary underwriting data • Dedicated claims department Individual Disability Specialty Group’s high-limit disability policies provide individual coverage to prestigious individuals around the globe. Among executives, entertainers and athletes, Specialty Group has the limits and underwriting expertise to cover up to 60% of these wealthy individuals’ annual incomes. In addition to providing the insured with monthly benets, Specialty Group can underwrite a combination policy to provide a lump sum benet at the end of the monthly benet period. Professional athletes rely on their unique physical talent and ability in order to negotiate multi-million dollar contracts. These individuals are only a tackle or a pitch away from a career-ending disability. Meanwhile an executive or an e

2 ntertainer, constantly traveling or tour
ntertainer, constantly traveling or touring for business, can face an assortment of perils which could cause them to become disabled; putting their career in jeopardy. Regardless of the profession, these high net-worth and prestigious individuals need the proper insurance in order to protect themselves and their families. Specialty Group can structure a disability policy to t the needs of each individual. Corporate Disability Executives and key employees are often the driving force behind the success of a company. These unique and prestigious leaders have the energy, the edge and the ability to execute with passion while connecting with their employees and their investors to act. Perhaps we are all replaceable at some point, but time and money are always at risk. Specialty Group can underwrite and provide meaningful disability solutions to protect the nancial interest in these top performers. We can help in oering the nancial cushion for a corporation in the event a key executive becomes disabled or should die at the critical hour. Disability buy-sell insurance is another option for businesses to consider. It is statistically shown that a person is more likely to become disabled rather than to die. Therefore the appropriate buy-sell insurance will keep the business going, even if one partner suers a career ending disability. We specialize in underwriting and insuring death, disability and special risk insurance coverage for highly compensated executives, entertainers and professional athletes around the world. Kathy Bouras Vice President, Prestige Underwriting Tel: 781-994-6000 kbouras@tmhcc.com Mark Barry Senior Vice President, Business Development Tel: 781-994-6000 mbarry@tmhcc.com Contact us About Specialty Group Specialty Group, a member of Tokio Marine HCC, is the leading provider of specialized insurance products for the sports and entertainment industries. We provide an unmatched portfolio of products including, but not limited to, event cancellation, high limit disability, kidnap and ransom, weather, travel and event liability. We cover major sports and entertainment events, professional athletes and entertainers and other unique assets. How Specialty Group Can Help Specialty Group’s underwriting team has over 25 years of experience in providing excess disability to wealthy individuals. The policies are written on AA- (Very Strong) Standard & Poor’s and A+ (Superior) A.M. Best Company rated paper and all claims are handled in Specialty Group’s own claims department.* Why Tokio Marine HCC Tokio Marine HCC is a leading specialty insurance group underwriting more than 100 classes of specialty insurance in approximately 180 countries. Headquartered in Houston, Texas, the company is made up of highly entrepre - neurial teams equipped to underwrite special situations, companies and individuals. Tokio Marine HCC is part of Tokio Marine, a premier global company with a market cap of approximately $30 billion. *Ratings at the time of printing. A member of the Tokio Marine HCC group of companies MKPD - 6/16 Specialty Group 401 Edgewater Place, Suite 400, Wakeeld, MA, 01880 USA Tel: 781-994-6000Fax: 781-994-6001 Many times high net-worth individuals do not have an adequate amount of disability insurance to protect their indypical individual and group disability policies are not enough to compensate for the substantial incomes of these atexecutives and entertainers. Our presti

3 ge disability insurance products for hig
ge disability insurance products for highly compensated individuals help provide texcess protection that is missing from the traditional disability markWe have policies ranging from key person disability to critical asset protection (CAP) in order to meet these needs. Kathy BourasVice President, Prestige UnderwritingTel: 781-994-6000Mark BarrySenior Vice President, Business DevelopmentTel: 781-994-6000mbarry@tmhcc.com provider of specialized insurance an unmatched portfolio of products and event liability. We cover major professional athletes and entertainers providing excess disability to wealthy individuals. The policies are written on AA- (Very Poor’s and A+Tokio Marine HCC okio Marine HCCokio Marine HCC is a leading specialty insurance group underwriting more than 100 classes of specialty insurance in approximately 180 countries. entrepre-neurial teams equipped to Marine HCC is part of Tokio Marine, a cap of approximately $3 A member of the Tokio Marine HCC group of companies MKPD - /1 401 Edgewater Place, Suite 40Wakeeld, MA, 01880 USA el: 781-994-6000 Fax: 781-994-6001 tmhcc.com Specialty Group’s underwriting expertise to cover up to Professional athletes rely on their unique physical talent and ability in order to These individuals are only a tackle or a pitch away from a caree-ending disability. Meanwhile an executivtravelfor business, can face an assortment of perils which could cause them to become disabled; putting their career in jeopardy.Regardof the profession, these high net-worth and prestigious individuals need the proper insurance in order to Corporate DisabilityExecutives and keemployees are often the driving force behind the success of a companyThese unique and prestigious leaders have tenergy, tthe ability to execute with passion while connecting with temployees and their investors to act. Perhaps we are all Tokio Marine HCC - Specialty Group in these top performers. We can help in corporation in the event a key executive becomes disabled or should die at the Disability buy-sell insurance is another option for businesses to consider. It is statistically shown that a person is more likely to become disabled rather than to die. Therefore the appropriate buy-sell insurance will keep the business going, even if one partner suers a career ending disability. We specialize in underwriting and insuring death, disability coverage for highly compensated executives, entertainers and professional athletes around the world. Coverages OeredPermanent total disabilityTemporary total disabilityBuy-sell disabilityKey person disabilityCritical asset protectionAccidental death and dismembermentReasons for Prestige Coverage Disabilities do not discriminate. It can happen to anyone regardSo, if your income is the of a professional baseball playyou are as critical to your organization as Tokio Marine HCC - policy to help protect your family, business or partners. Regardless if the insurance need is for ividual executive, of a corporation, entertainment studio or a baseball team, the experience, knowledge and time-markets to provide you with a Target Insureds • Actors • Athletes • Authors • Business owners • CEOs • Directors • Doctors • Entertainers • Entrepreneurs • Executives • Financial investors • Hedge fundmanagers • Internationalexecutives • Investmentbankers • Irreplaceableemployees • Lawyers • Managing partners • Musicians • Portfolio managers • Prod

4 ucers • Scientists • SurgeonsH
ucers • Scientists • SurgeonsHighlights • “Own occupation” denition • Limits of up to $100 million (higherlimits may be available upon request) • Three to ve year policy periods • Five year benet periods • Residual rider option available • Individual or group carve out excesspolicies • Worldwide coverage • Lump sum options • Dedicated underwriting teamwith specic focus on executive, • Indications are available based onpreliminary underwriting data • Dedicated claims department Prestige Disability For Highly Compensated Individuals Specialty Group’s the limits and underwriting expertise to cover up to 60% of these wealthy Professional athletes rely on their unique physical talent and ability in order to These individuals are only a tackle or a pitch away from a caree-ending disability. Meanwhile an executivtravelfor business, can face an assortmentof perils which could cause them to become disabled; putting their career injeopardy.Regardof the profession, these highnet-worth and prestigious individuals need the proper insurance in order to Corporate DisabilityExecutives and keemployees are often he driving force behind the success of a companyThese unique and prestigious leaders have tenergy, the ability to execute with passion while connecting with temployees and their investors to act. Perhaps we are all Tokio Marine Specialty Group in these top performers. We can help in corporation in the event a key executive becomes disabled or should die at the Disability buy-sell insurance is another option for businesses to consider. It is statistically shown that a person is more likely to become disabled rather than to die. Therefore the appropriate buy-sell insurance will keep the business going, even if one partner suers a career ending disability. We specialize in underwriting and insuring death, disability coverage for highly compensated executives, entertainers and professional athletes around the world. Kathy BourasVice President, Prestige UnderwritingTel: 781-994-6000 Contact us provider of specialized insurance an unmatched portfolio of products and event liability. We cover major professional athletes and entertainers providing excess disability to wealthy individuals. The policies are written on AA- (Very Poor’s and A+Marine HCC okio Marine HCCokio Marine HCC is a leading specialty insurance group underwriting more than 100 classes of specialty insurance in approximately 180 countries. entrepre-neurial teams equipped to Marine HCC is part of Tokio Marine, a cap of approximately $3 A member of the Tokio Marine HCC group of companies MKPD - /1 401 Edgewater Place, Suite 40Wakeeld, MA, 01880 USA el: 781-994-6000 Fax: 781-994-6001 tmhcc.com Kathy BourasVice President, Prestige UnderwritingTel: 781-994-6000 Contact us provider of specialized insurance an unmatched portfolio of products and event liability. We cover major professional athletes and entertainers providing excess disability to wealthy individuals. The policies are written on AA- (Very Poor’s and A+Tokio Marine okio Marine HCCokio Marine HCC is a leading specialty insurance group underwriting more than 100 classes of specialty insurance in approximately 180 countries. entrepre-neurial teams equipped to Marine HCC is part of Tokio Marine, a A member of the Tokio Marine HCC group of companies MKPD - /1 401 Edgewater Place, Suite 40Wakeeld, MA, 01880 USA el: 781-994-6000 Fax: 781-994-6001 tmhcc.co