Subway CEO, Fred DeLuca, is readmitted into the hospital.
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Unfortunately, all too often key executives fall ill to health conditions beyond their control. DeLuca’s cancer diagnosis is a disheartening but pertinent example underscoring the need for proper disability planning for those in leadership positions. Life insurance advisors understand how to protect key person exposures from death; however, the risk of disability is often 3-4 times more likely to occur during an individuals working years. Exceptional Risk Advisors has the authority to design and execute Lloyd's Key Person Disability contracts with benefits payable to the corporation up to $500,000 per month. These policies are often designed to deploy capital to the firm for a period of 12 or 24 months, and in the event an executive cannot return to work, the same policy can carry a lump sum distribution in excess of $100M. If you’re in the business of working with truly irreplaceable individuals, call us to review how we can provide disability solutions to the companies who rely on their vision, experience, and success. Call Us Today Update on Racing Legend Michael Schumacher In our January 2014 Newsletter we wrote about the tragic ski accident that left Formula One legend, Michael Schumacher, in a coma. Recent headlines have disclosed that Michael is no longer in a coma. Schumacher has left the French hospital where he had been receiving treatment since the accident. He is still on his road to recovery, but near his home receiving treatment in Switzerland. The first week of the FIFA World Cup is passing. Call Us Today to Discuss Placing Coverage: 1-866-512-0444 |