Young Tech CEO Dies in 200-Foot Fall at Utah National Park

Posted Wed, Oct 16th, 2024

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Young Tech CEO Dies in 200-Foot Fall at Utah National Park

Accidental Death Insurance

Justin Bingham, the 40-year-old CEO of Opiniion, a leading software solutions provider for property management companies, tragically passed away earlier this month. While canyoneering with three fellow climbers at Zion National Park in Utah, he suffered a devastating fall of approximately 200 feet. Despite being airlifted to a hospital, he unfortunately succumbed to his injuries during transportation. Opiniion, headquartered in Lindon, Utah, is recognized for its innovative software solutions that help property management firms enhance resident satisfaction. The privately held company has an estimated revenue between $5 million and $10 million.

Read the full story here.

How can you protect your clients? See below for the insurance solution.

Insurance Solution

Accidental Death & Dismemberment

For life insurance advisors, there is no substitute for thorough advance planning. While traditional life insurance provides comprehensive accident and sickness coverage and is often more cost-effective, what happens when your top client decides to climb one of the seven summits, and you can’t secure enough coverage from traditional carriers?.

Justin Bingham’s tragic story serves as a reminder of the importance of protecting high-net-worth and soon-to-be high-net-worth clients. If your client engages in hazardous activities like scuba diving, mountain climbing, race-car driving, or helicopter piloting, adding an extra layer of protection is essential to their financial plan.

Accidental Death & Dismemberment (AD&D) insurance, available through the Excess Lines Market, offers an alternative, supplement, or short-term solution for those who cannot obtain sufficient traditional life insurance. It provides coverage exceeding $100 million per person, 24-hour worldwide protection, and policy terms ranging from 1 day to 3 years.

Learn More About Accidental Death & Dismemberment Here

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