Petersen: Business DI Products Now Available in New York
Petersen International Underwriters is pleased to announce they are authorized to write business disability programs in the state of New York. The state legislature as well as Governor Andrew Cuomo have officially signed bill S5760-A into law. The bill allows for business disability insurance to be placed through Surplus Lines.
The bill’s creation and passage into existence was greatly due to the exhaustive efforts and support of Petersen International. It has been a long journey. Effective immediately, the law allows New York residents to procure high-limit and excess corporate disability insurances like buy/sell, overhead expense and key person cover from Surplus Lines carriers that specialize in high-limit and impaired-risk underwriting.
Specialty-market business DI products are now available to your New York clientele, and Petersen International has the appropriate product lines ready to go. Give us a call at 1-800-792-6795 for illustrations or applications.