BROCHURE
Starcover
Disability Insurance
Underwritten
by Lloyd's of London
If you were sick or had
an accident and counld't work,
how long would your employer keep you on the payroll?
How many paychecks could you miss before you used up your savings?
People
in the entertainment industry are denied adequate disability protection by domestic
insurance companies.
Starcover was created to provide
badly needed coverage for actors, musicians, stunt-people, producers, directors and
people in other occupations of the entertainment industry.
Starcover provides disability
benefits in cases of:
Loss of Sight
Temporary Total Disability
Disfigurement
Loss of Speech
Career
Ending Disability
Non-Appearance
Loss of Hearing
Transplant
Operations
Dismemberment
Monthly Disability Benefits |
Proposed Use of This Insurance:
 Personal Disability
Buy-Sell
Buy-In
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 Buy-In
Key Person
Overhead
Expenses Contract
Guarantee Loan
Indemnification
The Principal Lump Sum Benefit is
payable at the expiry 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
while 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 three (3) to five (5) years for contract completion covers. 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
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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.
