Smooth Experience, Simplified Process
Safeguard Your Income, Health and Assets for the Digital Life You Live Today.
Smooth Experience, Simplified Process
Safeguard Your Income, Health and Assets for the Digital Life You Live Today.
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Safeguard Your Income, Health and Assets for the Digital Life You Live Today.
Safeguard Your Income, Health and Assets for the Digital Life You Live Today.
KIG offers high limit supplemental health, life, contingency, personal and commercial, liability, cyber, surety and surplus lines insurance products with a personalized digital insurance experience people want to help them make safer, healthier, and more sustainable choices.
When a business interest is contingent upon the life of an individual, timely underwriting of high-limit insurance is key to financially protecting that interest. KIG insurance plans are designed to protect a business against the loss of those lives critical to a venture and safeguard the firm from financial disaster.
When traveling abroad, major medical insurance coverage typically stops at our nation's borders. KIG offers flexible plans that financially protect American citizens while traveling or temporarily residing outside of the US.
First Step® — contract bonds up to $500,000 single or aggregate (cost to complete or amounts left to bill on bonded projects). Next Step® — Projects or bonded aggregates to $1
million without the need for CPA-prepared financials.
My Bond Ap - Surety Bonds in Texas
ETHOS Life - No medical exams or blood tests, just a few health questions onli
First Step® — contract bonds up to $500,000 single or aggregate (cost to complete or amounts left to bill on bonded projects). Next Step® — Projects or bonded aggregates to $1
million without the need for CPA-prepared financials.
My Bond Ap - Surety Bonds in Texas
ETHOS Life - No medical exams or blood tests, just a few health questions online.
Concerned about entering information online? We understand. We can collect payment information over the phone to complete enrollment.
Our 6-step process can be applied on comprehensive basis or to only a subset of those goals - even a single financial goal.
Our 6-step process can be applied on comprehensive basis or to only a subset of those goals - even a single financial goal.
Discover our standard and high limit supplemental insurance products.
Not listed? Text or email inquiry about your specific need.
What Do You Have At Stake? Consider KIG.
After obtaining a critical patent, a biotech company was in position to disrupt their targeted healthcare industry. In order to compete in the market, they needed to rapidly-scale their business. They turned to investors in the private equity space to raise a large capital investment to get started.
The Need - $500,000 Death Benefit (Per Person). Before the private equity became available, the startup was required to obtain a $500,000 death benefit per corporate officer.
The Problem (Startup Financials). When the applications where submitted to traditional term carriers, they were promptly declined due to the lack of positive cashflow of the company.
The Solution (Failure To Survive Insurance). A broker was able to quote, underwrite, and issue the two policies within five business days.
Two partners of a rapidly growing technology company realized if something happened to one or both of them, the firm would have significant problems moving forward. Each partner brought to the table specialized knowledge and talent which complimented the other. In the second round of raising capital, private equity firms were requiring a $10 Million policy on each person prior to releasing the funds. At stake was $25 million of private equity capital.
The busy work schedule of the partners made it very difficult to complete traditional Life Insurance underwriting. Additionally, both utilized private aviation for business travel, making traditional Life Insurance options unattractive. And, the investors worried about a career-ending disablement.
The partners turned to the Key Person insurance marketplace.
After months of negotiations, a private equity firm was willing to provide the capital to get a startup out of the tiny one-room office and into full-time development. The information technology company had a staff of four programmers, but the fifth person and founder was to be their key to success. The founder was well connected in the Silicon Valley, and without the deals he was bringing to the table, the startup would never get off the ground.
As the attorneys were finalizing the paperwork, they discovered the Key Person insurance requirements had not yet been completed. After months of negotiating the terms, nobody remembered the insurance clause protecting the investment against the loss of the founder. The $20 million of private equity capital was being held-up until a Key Person policy could be put into place.
An unconventional $10 million Key Person policy fulfilled the prerequisites within a few days of the original request, allowing the contract to be finalized.
A large national media company went through a round of layoffs after the recession financially hurt the company. Some of the severance packages the top executives received were a bit too rich. The executives were able to get the marketing firm to continue their disability insurance for an additional two and a half years.
When HR was tasked with finding a solution for the severance package, they quickly became
concerned with the disability benefits. After contacting the group long term disability carrier, they discovered that as soon as the employment is terminated the disability insurance would cease. Without the ability to insure the severed employees, the marketing firm would need to self-insure the benefits. The HR team contacted an insurance broker who recommended us for a severance disability insurance plan. The marketing firm was able to fulfill the severance package without the liability of self-insuring the risk.
Unfortunately, eleven months into one of the policies a 53 year old was diagnosed with brain cancer. The severance disability insurance plan paid out $10,000 per month after the elimination period. Sadly, the cancer was very aggressive, and eight months after the disability began, the former executive passed away. Without the severance disability insurance, the marketing firm would have had the legal responsibility to fund the monthly benefits.
A large national manufacturing firm wanted to improve employee retention and one facet of their plan was improving the benefits package. The group long-term disability plan provided 60% income replacement with a monthly limit of $20,000. The top 12 employees exceeded the monthly limitation on the group plan so they turned to us for an excess disability policy. A guaranteed-issue policy was issued for the top executive group improving the benefits to 65% replacement and up to an additional $50,000 per month of benefits.
The Chief Operating Officer’s compensation earned him an additional $25,397 per month of
disability protection. Three years passed since the excess disability insurance policy was issued and the COO was no longer able to perform his occupation. He had trouble traveling, leading his group, conducting meetings, and finally speaking. The COO was diagnosed with ALS which rapidly crippled his body. Tragically his ALS progressed so rapidly he barely survived through the elimination period and passed away halfway through the first month of the benefit period. His spouse collected $6,800 for the partial month on claim and $76,000 in survivorship benefits.
During a routine semi-annual flight examination, a 55 year old international commercial flight captain was diagnosed with Atrial Fibrillation (AFIB). Based on the diagnosis, he was deemed unfit to fly and his pilot’s license was not renewed.
Although he had no prior symptoms he still was unable to renew his license. Wanting to return to work, the captain underwent a catheter ablation procedure. He was advised that he must comply with the automatic grounding period following the medical procedure. Fortunately for the pilot, his insurance agent sold him a Loss of License insurance plan instead of Disability Insurance. Although the captain was not able to work, he would have found it difficult to be classified as “disabled”. With the Loss of License coverage tied to holding a pilot‘s license, the policy triggered benefits when the license was not renewed.
A few months passed after the procedure and the captain had fulfilled his elimination period. Fortunately, the pilot was able to regain his license and go back to work after receiving his first monthly benefit.
The orthopedic surgeon was a successful physician in the Midwest. The doctor and his financial planner completed a comprehensive financial review and they discovered a disability insurance deficit in his insurance portfolio of $49,000 per month! The doctor should have $70,400 per month and his current coverage was only $21,400 per month.
With so much at stake, the doctor decided to purchase a High Limit Disability Policy. Sometime into the policy period, he unfortunately suffered a laceration and nerve damage to his dominate arm and is now unable to perform surgery. Each month he receives benefits from three disability insurance policies:
• $15,000 from his Group LTD policy
• $6,400 from his Individual DI policy
• $49,000 from his High Limit DI policy
In addition to the monthly benefits, the doctor purchased the career ending benefit which provides $5,000,000 in the event of a career ending disability. After a 60 month benefit period, he will receive a $5,000,000 lump sum if his disability is permanent.
A prominent neurosurgeon purchased an excess disability policy with benefits of $15,000
per month. The excess disability policy was layered on top of three other disability policies,
bringing the total disability insurance coverage to $35,000 per month. The surgeon started noticing weakness in her back which spread to other areas. After extensive testing, she was diagnosed with Multiple Sclerosis. In the beginning, she was able to work part time and she began collecting Residual Disability Benefits.
Sadly, the Multiple Sclerosis progressed to the point she was deemed totally disabled and
full monthly benefits were paid. At first the medication was keeping the condition stable,
and she was able to enjoy time with her family by resting, avoiding heat, and minimizing
physical activity. The disease and the weakness spread, and she had increased difficulty
walking. She started experiencing incontinence, and finally required full-time care.
Fill out the form with any questions you have about finding the coverage that's right for you!
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