Failure-To-Survive (FTS)

The human capital and economic exposure of corporations can be massive if an unexpected death or calamitous injury occurs. IDU’s Failure-to-Survive Coverage provides Critical Asset Protection (CAP) for key individuals in the event of death by any cause. This unique product can be used to provide insurance protection for one individual or for a group, such as an executive team.

Product Highlights

Total Death Benefit up to $50M and higher
Policy Terms: 60 days up to 1 year
Death Any-Cause Lump Sum Benefit
Coverage Renewable
Coverage 24/7 Worldwide
Third Party Owner
Coverage Requires Contractual Agreement and financial justification

State Availability:

AL, AZ, CA, CT, FL, GA, HI, ID, IL, IN, LA, MA, MI,

MN, NV, NH, ND, PA, TN, TX, UT, VA, WA, WV, WY

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IDU Real Life Solution

Jamie, Age 55

President & CEO | Income of $5M

To protect the business, Jamie’s employer is looking for Critical Asset Protection (CAP). The current management team is worried that in the case of a death or disability, there may be an effect to existing client relationships as well as major revenue loss, while finding Jamie’s replacement. Unfortunately, due to Jamie’s medical history of obstructive sleep apnea, elevated coronary artery calcium score, angina, and coronary artery disease, he is uninsurable domestically.

IDU’s Solution:

$20M Lump Sum Key Person CAP
1-Year Policy Term
Exclusion for the Cardiovascular System

IMPORTANT DISCLOSURE: This is not an exact description of coverage.

The benefits, limitations and/or exclusions described are for general illustration purposes only and may vary by state and client profile.