CEO of Cetera, Robert J. Moore, Announces Departure
|CEO of Cetera, Robert J. Moore, Announces Departure|
It was announced last month that Cetera Financial Group's CEO, Robert J. Moore, will step down as its leader due to health reasons. The 57 year old executive, who joined the firm in September 2016, will be replaced by an interim CEO, Ben Brigeman. This news comes roughly 6 months after Genstar Capital agreed to purchase Cetera for $1.7 billion.
Read the full story here.
Key Person Disability Insurance
Robert J. Moore's story is a fresh reminder to advisors when writing key person life insurance to include key person disability to establish a comprehensive succession plan for your clients. Statistics show that a 45-year-old executive is three times more likely to suffer a disability lasting longer than 90 days than he/she is to die before the age of 65.
As Lloyd's of London Coverholders, Exceptional Risk Advisors specializes in writing high limit key person disability for private and public organizations. Benefit limits for key person protection are available in excess of $100 million per person and are most commonly purchased in conjunction with a large life insurance transaction.
Contact us to discuss how we can help protect your exceptional clientele.
Featured Case Study
High Limit Disability Protection
Singer & Songwriter
An entertainer's unique ability to perform is their ticket to future income. With this in mind, the insurance advisor on the case sought to protect the individual's voice. To provide comprehensive coverage, we designed a $12 million personal high limit policy to cover not only the entertainer's voice, but their whole body from the event of injury or illness.
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