Executive Supplemental Disability
Let us show you what has changed in the law and how we can protect your key employees at discounted rates. We serve the very high compensated executive, professional, athlete, and entertainer markets.
A 40 year old executive earning $300k will earn $7.5M assuming no pay increases and working to age 65. That is a $7.5 M asset that must be protected. Since the likelihood of becoming disabled before retirement is many times that of dying, the most critical component of an executive’s comp and benefit package is comprehensive disability coverage.
Unfortunately, most companies offer group long term disability which is often insufficient for the high income earner. Compounding the problem, most LTD benefit payments are taxable to the insured resulting in even less of income replacement.