Behind every thriving company is a leader with vision and relentless drive. But even the strongest executives have vulnerabilities - and when something happens to them, the impact can be catastrophic for the business.

Executives often live high-risk lifestyles - private aviation, global travel, adventurous hobbies - combined with the pressure of running an organization. Illness, accidents, or even external threats can derail business continuity. Traditional coverage often isn’t enough.

The Risks Are Real

• Tragic accidents involving executives are not rare.
• Lifestyle choices and global travel introduce unique hazards.
• External threats, like violence or public backlash, can strike without warning.

Your Specialized Coverage Toolkit

To safeguard your clients’ businesses, you need more than standard policies:

1. Key Person Life Insurance: Protects the company from financial loss due to the untimely death of a leader.
2. Key Person Disability Insurance: Provides a financial backstop if illness or injury prevents an executive from performing their role. High-limit options through markets like Lloyd’s of London go beyond traditional caps.
3. Accidental Death & Dismemberment (AD&D) Insurance: Ideal for executives with high-risk hobbies or extensive travel. Offers global coverage with benefit amounts that can exceed $100 million.

Download Key Person DI Case Study of Equity Funded Start-Up

Succession planning alone isn’t enough. Specialized insurance ensures stability when the unexpected happens - whether it’s an accident, illness, or external threat. For companies relying on rainmakers and decision-makers, these protections are essential for long-term success.

Executives operate in rarified air, and their personal and professional risks can become kryptonite for the business. The right insurance strategy, tailored to their lifestyle and responsibilities, creates a safety net that preserves continuity and protects growth.

If you’re advising clients who are high-profile executives, now is the time to audit their coverage and explore high-limit, specialized solutions. Don’t wait for a blind-side event to jeopardize their business.

This post was adapted from the published article as seen in Insurance Journal magazine written by Frank Zuccarello, Managing Partner at Exceptional Risk Advisors. You can read the full article here.