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EXTREME ROCK CLIMBING ACCIDENT EXECUTIVE DIRECTOR of AAC, 50
Avid rock climber, community leader, author, and Executive Director of the American Alpine Club, Phil Powers plummeted 70 feet during a group rock climb last May, according to Rock and Ice Magazine. Landing on his left side, he suffered extensive injuries, including broken bones, a collapsed lung, and a punctured diaphragm. Immediately, a series of surgeries ensued.
"As is common when multiple injuries are sustained, doctors are presently monitoring Powers' condition closely and acting conservatively", said a statement from AAC.
Powers, 50, has led dozens of high-risk , high altitude expeditions to South America, Alaska, Pakistan, and other locations without supplemental oxygen, making him an extreme Accidental Death & Disability candidate.
How many traditional carriers are willing or capable to write and expedite coverage for high-risk individuals like Phil?
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INSURANCE SOLUTION
Advisor Responsibility - Key Person Disability Insurance Protection
Benefit Amounts Exceeding $125 M Per Insured
Exceptional Risk Advisors has the authority to auto-bind up to $100M of Accidental Death and Accident Only Disability coverage simultaneously for individuals partaking in high-risk avocations and travel. We bind coverage for events such as race car driving, piloting, deep water scuba diving, mountain climbing, African safaris, and travel to hot zones. War risk coverage is also available for those working and living in war zones.
Coverage is often written when an immediate need surfaces, for example, an organization that has failed to complete proper succession planning, and whose key executive is leaving for an extreme rock climbing trip. Few domestic life and disability insurance carriers possess the ability to underwrite large risks with high-risk exposure inside of a tight time frame. Exceptional Risk Advisors binds such coverage for insurance advisors who require access to markets that are willing to support exceptional risks and deploy meaningful capacity.
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