Wellington, Fla. – Jan. 14, 2019 – Mark Edward Partners, an international, full service insurance brokerage firm with 50-years of expertise and a passion for the equine industry, is thrilled to announce the availability of a tailor made disability insurance policy for equine professionals that is designed to replace income lost because a professional cannot work due to an injury sustained while riding or working with horses or a disability as a result of an illness, sickness or disease. Policies offer tax free income benefit to replace income flow for a period of time should a disability render a professional unable to work.
Working with horses is incredibly rewarding but also comes with unique and inherent risks. These risks make insuring equestrian professionals complicated and unaffordable. Mark Edward Partners is taking a leadership position in the equine industry to address this risk whereby professional athletes and trainers from all disciplines, veterinarians, farriers, dentists, chiropractors, farm or estate owners, and any other form of equine professional can access a policy to cover their significant financial exposure in the event of a disability that can have a material adverse financial effect on their business or lifestyle if not properly covered.
“The equine industry is extremely high-risk,” says Evan Kaplow, Executive Vice President and Director of Mark Edward Equine, the specialty unit of Mark Edward Partners focused on the equine industry. “In addition to the potential disabilities susceptible to the general population, equine professionals are exposed to countless possible injuries unique to their occupation. These risks have been historically uninsured because insurance companies have not had an underwriting appetite because of the risk of injury. Mark Edward Partners is taking a leadership role in addressing this market void which we believe is a game changer for the industry.”
Applying for and obtaining a policy is easy with only an electronic application and pre-determined pricing based on a professional’s age and income level. Professionals can apply from anywhere, at any time, and do not need to undergo a medical examination. This is another example of Mark Edward Partners’ commitment to client service and proven capability to offer innovative insurance programs that meet the specific needs of clients.Additional key benefits include:
● Policies are custom built for the professional and their business
● Coverage is provided on a 24 hour/7 day a week basis and applies to disabilities that occur on a worldwide basis
● A thirty-six month benefit period is provided
● Waiver of premium installments while you are disabled and receiving benefits
● A fixed three-year policy term
● Non-cancelable policies if paid during the three-year term
Mark Edward Partners is an international, full-service insurance brokerage firm that offers the full array of property & casualty coverages as well as life insurance solutions for corporations, non-profits, financial institutions cannabis, equine, sports & entertainment clients and high-net worth individuals, prominent families and family offices. Mark Edward Partners provides clients with expert advice, analysis, options and support in order to project their critical business and personal assets. Mark Edward Partners is licensed in all 50 states. The firm is headquartered in New York with additional offices in Palm Beach, Beverly Hills, Houston and London.
To learn how you can protect yourself, your business, and your employee’s, contact Mark Edward Partners here.