What Is Stock Income Disability Insurance?

Executives typically enjoy well-earned benefits like stock options and bonuses. But when it comes to employee benefits like disability insurance, coverage can fall short--not even insuring the bare minimum. Domestic carriers don't take into account the annual compensation executives get from stock options. That's why PIU created their "stock option income protection" program.

"The Stock Option Disability Insurance Plan is a long-term own-occupation defined product designed to financially indemnify those who regularly receive compensation in the form of corporate stock allowance in case of career-ending disablement." - Petersen International