Petersen International Launches Stock Option DI Product
Petersen International Underwriters is pleased to announce the worldwide release of the Stock Option Disability Insurance Plan, an exclusive disability insurance program with a focus on providing stock option income protection for corporate executives of publicly traded companies. Whereas executive benefits and individual disability coverage indemnify portions of salaries and bonuses, compensation by stock option awards has never before been insured with the employment of a personal disability product.
According to James Petersen, marketing director at Petersen International, “this progressive endeavor and one-of-a-kind program offers “own occupation” lump sum benefits to help alleviate the risk of permanent disablement and the potential loss of regular stock option compensation.” Both individual policies and group coverage with multi-life discounts are available.
Petersen International Underwriters is a Coverholder at Lloyd’s and can be contacted at (800) 345-8816 or at [email protected].
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