IDU, Inc. - Your Dedicated Multi-Life Implementation Team

Downloadable GSI Brochure

IDU, Inc. - Your Dedicated Multi-Life Implementation Team

Ed Kenney, President & CEO of International Disability Underwriters (IDU, Inc.) has a long-standing history in the Executive Benefit, Corporate Multi-Life market. Back in the mid 1990’s, Ed introduced Corporate Guaranteed Standard Issue (GSI) Disability Insurance to Mass Mutual, which ultimately led the company to their industry leadership in this market as it stands today. Then in 2006, Ed recognized an industry need for Excess Disability Coverage on a GSI basis and created a new product not found in the domestic multi-life space by collaborating with key partners in the Lloyds of London market.  This innovative partnership ended up generating 7 figures plus of profitability.

In his most recent role as CEO of IDU, Inc., Kenney is focusing on expanding his vision for the multi-life space by delivering a user-friendly, automated A&H system that will bring unprecedented technological enhancements to this important excess market.  The success of this advanced system is driven by a dedicated GSI Team made up of tenured multi-life experts at every level of the sales, underwriting, and implementation process.  IDU’s GSI Product has many different applications for all kinds of multi-life opportunities, from thousand life voluntary excess income protection to single life executive carve outs and many other business protection needs.   For more information, Ed can be reached directly through: Phone: +1 305-440-7273 or Email: ed.kenney@riskmanagement.com

Program Highlights

·     Monthly, Lump Sum, and Combination Benefit Structures Available ·     Own Occupation Definitions ·     Coverage is fully portable ·     Voluntary or Mandatory Participation Plans  ·     Voluntary plans, 10+ eligible lives with 30% participation ·     Mandatory plans, 1+ eligible lives ·     Pre-populated applications based on census data provided  ·     Individual applications can be waived for employer paid groups ·     Online enrollment tool available

Product Usages Include: ·     Buy Sell ·     Key Person ·     Personal Income ·     Business Overhead Expense (BOE) ·     Supplemental Employee Retirement Program (SERP) ·     AD/ADD Requirements: ·     Group Census Data ·     Short Form Application ·     Insured working on full time basis ·     Signed Offer Letter

‌ ‌ ‌ IDU, Inc. Springfield, Miami, London 1.800.954.6182 www.iduinc.com

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Our Business Overhead Expense Program

Our Business Overhead Expense Program

The continued success and wellness of a private business is contingent on the maintenance of day to day expenses. When basic overhead costs are disrupted by a business owner's disability it is rare that the business can survive. IDU's Business Overhead Expense Disability Product equips these businesses with the ability to pay monthly expenses while the Disabled owner recovers or in the unfortunate case where the company must be liquidized, and closure related costs are incurred.

Key Features

• Policy Terms up to 5 years
• Benefits structured as either monthly or combination of monthly + lump sum
• Own Occupation Definition of Disability
  • Insured is unable to perform the substantial & material duties of their occupation
• Elimination Periods: 30 to 365 days
• Monthly Benefit Periods: 12 to 36 months
• Flexible Premium Payment Options
• Waiver of Premium
• Presumptive Disability Benefits
• Coverage Designed to Reimburse Incurred Expenses

For more info about our BOE Insurance program, download our brochure

https://iduwebsitestorage.blob.core.windows.net/cdn/pdfs/BOE-Brochure.pdf

KEY PERSON COVERAGE

KEY PERSON COVERAGE

A Key Person is an individual or individuals who are instrumental to the success of an organization, whether that be a crucial relationship holder, top tier talent or a vital decision maker. When these indispensable persons are suddenly unable to work due to a Disability the fallout can be widespread and disastrous.

IDU's Key Person Disability Insurance is specifically designed to assist companies recover revenue losses and expenses incurred from either temporary or permanent loss of their top talent. Benefits can be used however the organization sees fit, including but not limited to:

Recovery of Productivity Losses
Recruitment/New Hire Expenses
Succession Planning Costs
Severance/Benefit Payments

Learn more at https://lnkd.in/eKX6y-H

Or download our brochure: https://lnkd.in/eKiHqqZ

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