COMPANY NEWS
Petersen International Underwriters
Petersen International Underwriters, Valencia, CA, has announced that they have received the exclusive rights to offer the only 10-year policy term product in the excess/supplemental disability insurance market. Working with a high-rated European insurance company, Petersen International has developed a personal income-protection disability product that is guaranteed and non-cancellable for 10 years, which is double the maximum five year term length found in the rest of the market.
According to Thomas Petersen, vice president of Petersen International, “This new 10-year term offering will prove to be revolutionary to the high-limit disability industry, locking in rates and commissions for a longer period than ever before. We have designed an incredible tool and asset for every life and health insurance advisor to provide to their clientele.” The new “own occupation” disability product guarantees premium rates, benefit schedules and policy definitions for 10 years at a time.
Petersen International Underwriters specializes in unique disability insurance programs for individuals, small businesses and large corporations. They can be reached at 800-345-8816 or at piu@piu.org.