Life Insurance

Mitigating dynamic and evolving exposures.

At NFP, we understand the inherent complexities faced by organizations in the cybersecurity space. We partner with you to create a fully integrated approach to risk management including risk mitigation and transfer mechanisms. The result is a tailored solution best suited to your organization’s needs.NFP’s objective has always been to stand beside and develop risk and financial strategies with our clients. Teaching, learning and building together in the increasingly complex world of cyber insurance is the best path forward. Each day—as the technology moves faster and faster—the opportunity grows for us to bring expertise and insight to clients to achieve their vision for the future. Analysis, Benchmarking and Dedicated SupportThe process begins with a true risk quantification. We breakdown your risk to match it to industry and comparable metrics to provide real time benchmarking. We have access to tools internally and externally to help you better understand your overall risk profile. These include proactive services to help you better prepare for a cybersecurity incident, a policy form with customized language taking into account your industry class, size and trends, a panel of extensive breach response vendors to help you respond to an incident should one occur, and a dedicated claims advocacy practice ensuring you obtain the maximum recovery under your insurance policy should a claim occur.The role of the broker is that of a true partner and extends beyond the insurance platform to provide consistent resources including a dedicated risk management portal to help understand the changing legal and regulatory landscape in which your company operates. In addition, we provide ongoing thought leadership in the forms of articles, whitepapers and webinars to help you understand the latest developments and emerging trends unique to your industry. Should a specific cybersecurity need arise relating to your organization’s regulatory exposure, third party vendor resources or anything else, NFP will guarantee your organization has the tools in place to respond. An Ongoing CommitmentOur promise to you does not end with an insurance risk transfer solution. Whether you experience a lost laptop, a full blown ransomware attack, data breach or other cyber or privacy event. Our claims advocacy practice is dedicated to working directly with you and your carrier to achieve a fast, equitable resolution to even the most complex claim or incident. We'll work to ensure that you are actively involved in the resolution of the cyber incident and your preference for vendors is heard.To learn more about how you and your entity can benefit from NFP’s cyber and technology leadership, contact us today.

Prepare for the unexpected.

While the business disruption of losing one of your top-tier workers to injury or illness is difficult enough on its own, standard disability insurance can leave a compensation gap for your high earners, undermining the welfare of your business and leaving your affected executive out in the cold.Bonus compensation and base salary above a certain maximum aren’t covered by regular disability benefits, leaving your valuable employees to contend with a disability and an income gap concurrently. What's more, disability benefits can be subject to federal, state and local taxes. With the right arrangements, however, you can make sure your highest-paid professionals have the coverage they need.High limit disability insurance can protect your businesses and those elite executives to supplement the benefits under a group disability policy. For a business, high limit disability insurance can be purchased on a key executive or used in conjunction with a buy-sell partnership agreement to help protect and plan for the future of the business in the event of a disability. It offers financial protection in the event of short-term or career-ending injury or illness, and it can be used to protect your future earning potential as well as the non-guaranteed portion of a current employment contract. Regardless of the severity of the situation, disability income protection can safeguard your organization and the employees who have given it their best, day after day.Our proprietary operating platform lets you implement disability income benefits for high earners with little impact on corporate HR through: Increased coverage maximums Protected bonus compensation Tax-free benefits Choosing the appropriate coverage is an important decision. Your needs will vary depending on your profession, your goals and other circumstances unique to your situation. NFP can help you determine which coverage best suits your needs.