Disability Insurance from Lloyds of London
Starting with its roots in marine insurance, Lloyds’s has grown over 300 years to become the world’s leading market for specialist insurance. Lloyd’s is home to 46 managing agents and 75 syndicates, which offer an unrivalled concentration of specialist underwriting expertise and talent. Lloyd’s is the world’s best known – but probably least understood – insurance brand. This is because Lloyd’s is not an insurance company but a society of members, both corporate and individual, who underwrite in syndicates on whose behalf professional underwriters accept risk.
Supporting capital is provided by investment institutions, specialist investors, international insurance companies and individuals. Lloyd’s brokers bring business to the market. The risks placed with underwriters originate from clients and other brokers and intermediaries all over the world. Together, the syndicates underwriting at Lloyd’s form one of the world’s largest commercial insurers and a leading reinsurer. More information about Lloyds of London can be obtained at their website, www.lloyds.com.
Lloyds of London Disability Insurance Coverage
Policies offered through Lloyds of London can help people in unique circumstances:
- Executive Disability Insurance for policies over and above limits with traditional companies.
- Primary Coverage
- Excess / Supplemental Coverage
- Special Risk Coverage
- Domestic Coverage
- International Coverage
Physicians & Surgeons Disability Plan, and Dentists Disability Plan
These plans were designed with the understanding that physicians, surgeons and dentists had the need for specialty occupations to be insured. It has issue limits as high as $100,000 per month or more and participation limits up to 75% for personal disability and 100% for business use. It may be used as primary, excess, supplemental, special risk, domestic or international coverage.
Entertainment Industry Disability Plan
It is very difficult to find adequate disability insurance in the traditional disability markets for people who earn their living in the entertainment industry. This plan was created to provide this badly needed coverage for actors, musicians, writers, producers, directors, stunt people along with all the other occupations involved in the industry. Entertainment disability insurance can provide monthly benefits as high as $100,000 or more with lump sum benefits of $50,000,000 or more.
Professional athletes or young stars planning to play professionally may be insured against career ending disabilities or temporary disabilities. Each sport has its own set of guidelines that underwriters follow, so when you call our office for assistance we will happily guide you to explain what can be accomplished for your particular athlete client. We will help you to be the professional on the field of disability insurance protection.
Brokers & Traders Disability Plan
Commodity brokers and stock traders are often times limited in the amount of disability coverage which traditional markets will offer, if they will offer anything at all. With the Brokers & Traders Disability Plan these occupations can be considered offering a disability program that is important to the proper financial plans of people earning their living in this industry. With monthly benefits as high as $100,000 or more and lump sum benefits of $25 million or more, the ability to properly insure the normally high incomes of these professions is easy to accomplish. It may be used as primary, excess, supplemental, special risk, domestic or international coverage.
Most people in the legal profession can obtain individual or group disability through the traditional markets, but only up to limited amounts. With incomes that often times exceed the limits of the traditional markets, people in the legal profession are usually under insured. With the use of the Legal Profession Disability Plan, a more proper fitting disability protection plan can be designed. It may be used as primary, excess, supplemental, special risk, domestic or international coverage.
Pilots’ Disability Plan
Traditional markets normally walk away from this occupation and the reason is in part due to the medical qualifications required to maintain a pilot’s license. The Pilots’ Disability Plan was designed to assist in providing an adequate disability estate for your pilot clients. This plan is available for commercial, corporate, agricultural, air show, firefighting and test pilots.
Get Lloyds of London Disability Insurance by requesting a free quote today!