Life Insurance
Life Insurance
Protecting Your Loved Ones & Securing Your Legacy
Comprehensive Life Insurance Solutions for Every Stage of Life
Life insurance provides essential financial protection and peace of mind, ensuring that your loved ones, business interests, and estate are safeguarded in the event of the unexpected.
At Diamond Financial Group, we partner with industry leaders and experts to deliver personalized strategies tailored to your unique circumstances, goals, and long-term financial plans. Whether you are seeking to protect your family’s future, ensure business continuity, or facilitate wealth transfer, our comprehensive life insurance solutions are designed to provide flexibility, security, and confidence at every stage of life.
Our Life Insurance Services
We offer a broad range of life insurance options designed to protect your wealth, family, and business:
- Term Life Insurance – Affordable coverage for a set period, providing a death benefit to beneficiaries. Ideal for income replacement, mortgage protection, or temporary obligations.
- Whole Life Insurance – Permanent coverage that builds cash value over time while providing lifelong protection.
- Universal Life Insurance – Flexible permanent coverage with adjustable premiums and death benefits, offering both protection and growth potential.
- Indexed & Variable Life Insurance – Investment-linked policies that allow growth based on market or index performance while maintaining a death benefit.
- Business & Key Person Life Insurance – Coverage for key employees, partners, or buy-sell agreements, protecting your business from unexpected loss.
- Specialty & High-Net-Worth Coverage – Customized solutions for complex estate planning, wealth transfer, or legacy protection through our trusted partners.
- International & Contingency Coverage – Global solutions for expatriates, major medical, travel, visitor insurance, high-risk or non-traditional professions, and other specialized contingency or high-limit coverage for executives and business owners.
- Supplemental & Excess Disability Insurance – Including key-person, buy/sell, loan indemnification, salary continuation, and severance protection.
Why Life Insurance Matters for You and Your Family
- Provides financial security for your loved ones in the event of the unexpected.
- Helps maintain your family’s standard of living and meet future expenses.
- Supports debt repayment, mortgage protection, and other financial obligations.
- Facilitates wealth transfer and estate planning for future generations.
- Offers tax-advantaged benefits through certain permanent life insurance policies.
Why Life Insurance Matters for Business Owners
- Protects your business from the financial impact of losing key employees or partners.
- Supports buy-sell agreements and smooth ownership transitions.
- Secures loans or business debts that may otherwise burden the company or family.
- Provides key-person coverage to safeguard critical talent and operations.
- Enhances long-term strategic planning and business continuity.
Life Insurance: Protect What Matters Most
Life insurance isn’t just a policy — it’s a promise. A promise to protect your loved ones, secure your financial legacy, and provide confidence for the future.
Let Diamond Financial Group guide you in choosing the right life insurance solutions for peace of mind today and tomorrow.
Specialty Cases
- A real estate developer needed funding for a project, but the lender required insurance in place. Petersen International Underwriters started the process on a Thursday, and by Friday morning, after receiving a one-page application and loan documents, coverage for $5,000,000 was underwritten and bound. The declaration page was sent to the agent the same day, allowing the lender to fund the loan immediately.
Business Loan Failure to Survive
- A 63-year-old business owner, was diagnosed with cancer three years ago. After successful chemotherapy, he resumed normal life, but his medical history prevented approval for traditional buy-sell insurance. Petersen International Underwriters were able to issue him a $3,000,000 Buy-Sell Asset Protection policy with a cancer exclusion.
Buy-Sell Failure to Survive
- Three partners sought $2,000,000 in Key Person insurance each but wanted to avoid extensive underwriting and exams. Petersen International Underwriters provided quotes under the Key Person Failure to Survive Plan, requiring only a one-page application and financial justification. These Asset Protection plans help producers secure coverage for challenging or otherwise uninsurable cases.
Key Person Failure to Survive
- ABC Company had two top executives traveling by private air charter to Baghdad, Iraq, for 48 hours. Their group benefits excluded war and terrorism coverage. Petersen International Underwriters provided coverage for these risks, demonstrating that even short-term or high-risk situations can be insured.
High Limit Accident Insurance
- A young performer signed a tour and a beverage promotion contract. Both the promoter and the beverage company secured Death, Disability, and Disgrace policies to protect their investments. Mid-tour, the performer experienced a breakdown, leading to show cancellations and pulled advertising. The policies allowed the promoter and beverage company to recoup their losses and expenses.
