Contract Protection

Our Contract Protection Insurance

  • One of the most unique and creative products in the Lloyds space, IDU's Contract Protection Insurance provides Any-Cause Death Benefits for Key Persons with no medical underwriting requirements beyond an application. The streamlined nature of the underwriting enables IDU to place a death benefit policy within 24hrs or less, which, when dealing with sensitive contractual business agreements, can be the difference between success or a costly failure.

  • Product Usages

    • Buy Sell Contracts
    • Key Person Protection
    • Loan Agreements
    • Mergers & Acquisitions
  • Requirements

    • 3rd Party Owned/Beneficiary
    • Disclosure of known medical concerns or adverse risk details
    • Contract in place between Insured and Policy Owner
    • Coverage Confidential
    • Benefits not to exceed Contract Non-Performance
  • Key Features

    • Policy Terms from 30 days up to 2 years
    • Coverage Renewable
    • Own Occupation Definition of Disability
      • Insured is unable to perform the substantial & material duties of their regular occupation
    • No Medical Underwriting Requirements beyond Application
    • Available Riders
      • Lump Sum Disability Benefit
    • Confidentiality waivable with underwriter approval
    • Coverage 24/7 Worldwide
  • Target Markets

    • Lending Organizations
    • Entertainment Professionals
      • Producers
      • Studios
      • Event Organizers
      • Managers
    • Advertising Agencies
    • Sponsors
    • Public Relations
    • Mergers & Acquisitions
    • Venture Capitalists
    • Business Owners & Corporations

For more info about our CPI program, download our brochure

Download Brochure