Jamie Dimon, JPMorgan CEO, is Diagnosed With Throat Cancer
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Jamie Dimon, JPMorgan’s longest-serving top official, is undoubtedly a key individual in the growth and success of the company. Companies, like JPMorgan, depend on the expertise and skills of key personnel. The news of Mr. Dimon’s cancer diagnosis is distressing; however, it illustrates and emphasizes the need of proper key person disability planning. Life insurance advisors understand how to protect key person exposures in the event of death, however the risk of disability is often 3-4 times more likely to occur during an individual’s working years. Exceptional Risk Advisors has the authority to design and execute Lloyd's Key Person Disability contracts with benefits payable to the corporation up to $500,000 per month. These policies are often designed to deploy capital to the firm for a period of 12 or 24 months, and in the event an executive cannot return to work, the same policy can carry a lump sum distribution in excess of $100M. If you’re in the business of working with truly irreplaceable individuals, call us to review how we can provide corporate owned disability solutions to the companies who rely on their vision, experience, and success. Call Us Today Looking for EXCEPTIONAL sales ideas!? Want to learn more about our Key Person Disability?
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