Cancer Causes CEO Leave of Absence
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INSURANCE SOLUTION The loss of a key executive due to a disablement can have devastating consequences to a business. With major advances in medical science and technology, we are seeing more corporations purchase key person disability policies designed to trigger a monthly benefit while an executive recovers. Exceptional Risk Advisors has the authority to design and execute Lloyd’s Key Person Disability contracts with benefits payable to the corporation for 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 $125,000,000. CALL US TODAY: 866-512-0444 High Limit Key Person Disability Exceptional Risk Advisors Lands Cover Story in In the world of entertainment, Lloyd’s of London carries a reputation of insuring celebrity body parts. What’s often overlooked is the other class of "sexy" insurance that’s pursued by studio’s looking to mitigate risk on their essential elements. This month, Exceptional Risk Advisors’ CEO, Ted Tafaro, landed the cover story of Risk Management Magazine detailing how his firm insures A-Listers when the studio has millions on the line!
Article Insight: A glimpse into Exceptional Risk Advisors' unique roll and risks associated with moviemaking. When Harrison Ford “piloted” a disabled 747 to a safe landing during the filming of Air Force One, everyone with a financial stake in the movie smiled broadly while anticipating a flood of box-office receipts. But at the end of the shooting day, while the rest of the cast and crew piled into cars to brave the Los Angeles freeway, Ford chose to fly above the gridlock by piloting his own Bell 206 helicopter. That meant that with every whir of Ford’s propeller blade, the film’s backers—the studio, bankers, investors, those holding the lucrative foreign distribution rights—were now turning a whiter shade of pale. Continue reading Break a Leg, The Risk of Movie Making...
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