BROCHURE
 isability  nsurance
Solutions
Underwritten
by Lloyd's of London
If you were sick or had
an accident and couldn't work,
how long would your employer keep you on the payroll?
How many paychecks could you miss before you used up your savings?
For
Domestic and International use. This plan has extreme flexibility to cover most any type
of situation. Excess disability coverage for high income earners, occupations not normally
covered by traditional carriers, business insurance needs such buy/sell, key person and
overhead expense are available even for the blue and gray collar business owner.
If traditional insurance companies cannot handle it,
there is a good chance we can with the Disability Insurance Solutions Plan.
Monthly Disability Benefits |
Proposed Use of This Insurance:
 Personal Disability
Buy-Sell
Salary
Continuation
Key Person
Overhead Expenses Contract
Guarantee
Bank Loan IndemnificationMonthly
Benefits are payable while Totally Disabled or Residually Disabled, if
applicable, beginning the first day following the Elimination period and for as long as
the Benefit Period for each disability.
Special Features:
 Total Disability
Monthly Benefits are payable when, due to sickness or injury, you cannot perform
the substantial
and material duties of your regular occupation and you are under the regular care
of a legally
qualified physician.
Presumptive
Disability benefits will be paid for the maximum benefits period even
if you are
able to return
to your own or any other occupation. benefits will be paid should you lose
the
use of
both hands, both feet, one hand and one foot, the sight in both eyes, hearing in both
ears, or
the ability to speak.
The medical care requirements and the elimination period will be automatically
waived.
Recurrent Disabilities
resulting from the same cause or causes are considered a new claim with
a new
benefit period if you have returned to your
regular occupation, full time, for six months or
longer.
Transplant
Benefit means that Total Disability benefits will be paid for disability
following surgery
if
you donate an organ from your body to another
person. Benefits will be paid as a sickness
benefit. This
Benefit is applicable after the certificate has been in force for six months or longer.
Options:
Optional Residual
Disability Rider Benefits are payable when you are engaged in
your
regular
occupation, or another occupation, and you experience reduced income of 20% or
more, due to a
disability. The benefit amounts will be calculated by
multiplying the Month Benefits
Amount provided by this Certificate by the percentage of reduced income compared to
the
average monthly
earned income received during the twelve month period preceding the onset date
of the
disability.
Optional Cost Of
Living Adjustment (COLA) will automatically increase the monthly
benefit
amount based upon the consumer Price Index
(CPI), but not to exceed 10% per year.
Lump Sum Disability
Benefits |
Proposed Use of This Insurance:
Personal
Disability
Buy-Sell Salary
Continuation Key Person
Overhead Expenses Contract Guarantee
Loan
Indemnification
The Principal Lump Sum Benefit is
payable at the expiration of the specified elimination period.
Special Features:
This
is not an aggregate policy! This benefit is payable, in addition to
and not reduced by,
any
other disability benefits provided by this or any other plan.
The Principle Sum Benefit will be paid to
you or to a designated loss payee, trust or annuity
carrier. You may elect to receive the Benefit in any one of the following ways:
1.) Single payment
2.) Monthly benefits for a certain period of time or to a prescribed age.
3.) Monthly benefits for life
4.) Interest only for life with Principal Sum paid to beneficiaries at the time of your
death.
Simple Arbitration is utilized should your
physician and our physician not be able to agree that
you
are permanently totally disabled. Your physician and our physician shall name a third
physician to make a decision on the matter which shall be final and binding.
Conditions
Disability must result from an injury or sickness which first
diagnosed or incurred and which results
in a
loss beginning while the certificate is in force.
You must have been totally disabled for the elimination
period and at the end of such period you
are determined by competent medical authority to be unable to resume the material duties
of
your regular occupation and that you have suffered a career-ending disability.
Definitions
Sickness
means disease or illness which is first diagnosed and results in a
disability beginning
while the Certificate
is in force.
Injury means
accidental bodily injury sustained and which results in a disability beginning while the
Certificate is in force.
Specified Occupations
This is a Specified Occupation Plan. It will
terminate automatically if you change from the occupation in which you were engaged in at
the time the plan was issued, unless an agreement has been obtained in writing from the
underwriters and any additional premium required by the underwriters has been paid. The
sole liability of the underwriters in the event of an occupation change shall be return on
a pro-rata basis any unearned premiums paid for the balance of the plan term.
Term Of Insurance
The Certificate of insurance is issued for periods
of insurance ranging from one (1) to five (5) years in duration. It is contemplated that
the plans will be renewed, however, the underwriters reserve the right to refuse to renew
the certificate or to change the premium rates in renewal of the Certificate. A statement
of good health may be required by the underwriters for consideration of renewal.
Non-renewal by the Insurer will be without prejudice to any claim in connection with a
loss commencing while this plan is in force.
Grace Period
A Grace period of 31 days will be granted for the
payment of each premium failing due after the first premium,
during which Grace Period the plan shall continue in force.
Exclusions
This plan does not cover sickness, injury or death
caused or contributed to by war, declared or undeclared, acts of terrorism, suicide,
self-inflicted injury or poisoning, the taking of illegal or non-prescribed drugs,
drunkenness or alcoholism, mental or nervous disorders. It does not cover subjective pain
unless supported by objective medical findings or injuries or sickness sustained while
committing or attempting to commit a crime. With prior written
agreement from the underwriters and
the payment of any required additional premium, the exclusions of war, and acts of
terrorism may be omitted from the Certificate.
This is a brief description of the insurance provided by
the plan. The Certificate of Insurance is the complete description of coverage.
For more information & quotes,
please contact us today.
info@internationalriskmanagement.com
877-211-3654 or
559-294-0316
Thank you for
visiting our website.
www.InternationalRiskManagement.com
|
We
at Sunburst International Risk Management
are dedicated to
being your trusted source for global risk
assessment and mitigation consulting
and training services.
Whether
you travel for business, leisure, adventure, or study, the best way to
ensure an enjoyable, productive, and safe trip is
to be aware of what types of problems you may encounter, take steps to
prevent problems before they happen, and be prepared to deal with problems
if they do occur.
We focus on the things that
we believe matter most to our clients - helping them
learn
how to reduce the uncertainties of international travel
and providing them with global protection and peace of
mind.
We are committed to delivering individualized services, risk
assessment expertise, and
carefully considered advice to our clients.
We are proud to
provide superior global protection and peace of mind to
international travelers in over 100 countries.
