When time is of the essence and immediate coverage for life and/or disability is needed for

Key Person Cover

Escrow Closures

Venture Capital Competition

Contractual Uncertainties


Traditional life and disability underwriting often times takes many weeks to complete. STC can be accomplished in a matter of hours.

When it takes traditional life and disability carriers on average 60 days to underwrite new applications, this can often times prevent pivotal business deals from concluding in a timely way. Mergers and acquisitions, infusion of venture capital, and close of escrows are often times held up due to this type of underwriting delay.

The STC plan was designed to provide an immediate solution. Within a matter of hours STC coverage can be obtained to cover these types of risks while the traditional plans are being underwritten. The STC plan provides coverage for 30, 60 or 90 days. Once traditional coverage is approved and in force then the STC plan will cease.

• Available for third party business situations only
• STC is non-convertible and non-renewable
• Premiums are fully earned at inception
• Short Form two page application
• Up to $20,000,000 (or more) is available
• Must provide financial justification
• Full premium is required to bind the coverage

Petersen International Underwriters want you to understand how they protect the confidentiality of non-public personal information they collected about you.

PIU collects non-public information about you from numerous sources including, but not limited to:

1. Information PIU receives from you on applications and other forms;
2. Information about your transactions with the affiliates, others or PIU;
3. Information PIU receives from consumer-reporting agencies; and
4. Financial and medical sources.

PIU does not disclose any non-public information about you to anyone except as is necessary in order to provide the products or services to you or otherwise as required or permitted by law (e.g. subpoena, fraud investigation, regulatory reporting, etc.).

PIU restricts access to non-public personal information about you to PIU's employees, PIU's affiliates' employees or others who need to know that information to service your account. PIU maintains physical, electronic and procedural safeguards to protect your non-public personal information.

If you have any further questions about this privacy statement or would like to learn more about how PIU protects your privacy, please contact us.

This plan is administered by

Petersen International Underwriters
23929 Valencia Boulevard, Suite 215
Valencia, CA 91355-2186

It is underwritten by Certain Underwriters at Lloyd's that is rated A "Excellent" by A.M. Best.

This is not intended to be a complete outline of coverage. Actual wording may change without notice.