https://completemarkets.com/company/dworkin/chronic-illness/
Chronic Illness Insurance
Did you know that you could use your life insurance to meet chronic illness and other expenses? Changes in federal tax laws have made the prepayment of death benefits under a life insurance policy possible. Most new life insurance policies have a feature or rider, which provides access to a part of the death benefit, which can then be used as living benefits.
Chronic illness means inability to perform at least two activities of daily living (eating, bathing, continence, dressing, using the toilet, or transferring) or severe cognitive impairment that requires substantial supervision from another person to protect from threats to health and safety. A life insurance policy with one of these newly developed riders or a long term care rider can provide policyholders with benefit payments to help cover their care. With long term care riders and others that offer additional benefits, an insured suffering from a permanent chronic illness can gain access to his or her cash value plus a portion of the “net amount at risk” (difference between the death benefit and cash value).
The portion of the net amount at risk that can be advanced depends on the policy and the insured’s age at onset of the chronic illness. Generally an individual would need to wait for sometime before benefits can be obtained. However some states have laws that prohibit such waiting periods. The insured can use the benefits in any way they want, regardless of actual expenses incurred for treating the chronic illness.
Such policies may not work if you have limited financial means or if you are on Medicaid. Such policies build value making them an asset that could prevent clients from Medicaid eligibility.
Accelerated Death Benefit
If you should become seriously ill you may accumulate some very large medical expenses. Some life insurance companies have made it possible to collect an accelerated death benefit during your lifetime if such a condition should arise. What these companies are doing is allowing the insured to collect part of their death benefits before they die.
Some insurance companies offer the benefit as part of a policy, with the additional charge built into the death benefit cost. Others make the benefit a rider, also for an additional charge.
Accelerated payments made to the beneficiary can be made in monthly installments or in a lump sum, depending on the company. Upon the death of the recipient, or policy owner, the balance due goes to the beneficiary.
https://completemarkets.com/company/btisinc/Remodeling-Contractor-General-Liability-Insurance/
BTIS – Builders & Tradesmens Insurance Services, Inc. offers a competitive Remodeling Contractor General Liability Insurance program designed for today’s residential remodeling professionals. Whether your insured is a solo operator or a general contractor with more than $1 million in gross receipts, BTIS provides flexible, admitted solutions to match a wide range of remodeling operations.
Ideal Accounts and Appetite
This program is built for contractors and remodelers who focus on residential work such as home additions, tenant improvements, and general remodeling. It’s a strong fit for:
Owner-only remodeling contractors
General contractors with substantial operations
Handymen expanding services into larger renovation projects
Contractors performing home extensions or adding square footage
On a case-by-case basis, BTIS may also consider risks involving secondary structure construction. Certain operations are allowed when performed as part of a remodel, including:
Incidental roofing work (when part of a broader remodel)
Interior framing performed by the primary contractor (framing subcontractors are not eligible)
Window installation during remodeling
Tenant improvements and betterments
For a full list of eligible classes, see the Victory Admitted Eligible Classes.
Coverage Highlights and Advantages
BTIS offers general liability protection tailored to exposures common on residential remodeling jobs. Coverage helps your contractor clients manage jobsite liability, third-party injury claims, and property damage exposures. Key advantages of the program include:
Admitted product with strong carrier backing (A.M. Best A XI rated)
Quick quoting and a streamlined binding process for faster placements
Competitive pricing with minimum premiums starting at $350
Strong appetite for both small and mid-size remodeling contractors
Underwriting Notes and Minimum Premiums
Minimum premium for eligible accounts starts at $350, making the program accessible for smaller remodelers and startups. Incidental roofing and interior framing are permitted when part of a remodel; however, standalone roofing operations and framing performed solely as a subcontractor are not eligible. Each submission is reviewed to verify proper classification, scope of operations, and risk fit.
Territories and Availability
This Remodeling Contractor General Liability Insurance program is available on an admitted basis in the following states:
AL, AR, AZ, CA, CO, CT, DE, GA, IA, ID, IL, IN, KS, KY, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV, WY
Why Work With BTIS?
BTIS is a trusted general agency and admitted carrier with deep expertise in contractor lines. Agents benefit from fast service, competitive pricing, and responsive underwriting support. With access to A-rated markets and a focus on practical, placement-oriented underwriting, BTIS helps agents place a wide range of artisan and general contractor risks.
You might have a client who just launched a remodeling business and is taking on their first major home addition, or a well-established contractor expanding into nearby territories. In both cases, BTIS offers the flexibility and admitted coverage solutions to support growth while managing common remodeling exposures.
Frequently Asked Questions
What types of accounts are a good fit for this program?The program is ideal for residential remodeling contractors, including owner-only operations, general contractors, and handymen expanding into larger projects.
Are subcontractors allowed under this program?Subcontracting is permitted in some cases, but interior framing as a subcontracted operation is not eligible. Each account is reviewed individually for eligibility.
Is roofing work covered?Incidental roofing is allowed when it is part of a broader remodeling project, but standalone roofing risks are not eligible.
What is the minimum premium for this program?The minimum premium starts at $350, making it accessible for small and emerging contractor businesses.
In which states is this program available?The program is admitted and available in over 45 states, including CA, TX, FL, NY, and many others. See the full list above for complete availability.
Need help placing an account? Connect with a market specialist.
https://completemarkets.com/company/prosight/luxury-home-builders-general-liability/
ProSight Specialty Insurance understands the complexity and elevated risk profile that general contractors face when building or remodeling high-value residential properties. The Luxury Home Builders General Liability Insurance Program is specifically tailored to meet the needs of residential general contractors who manage luxury home projects and rely heavily on subcontractors.
Ideal Accounts and Appetite
This program targets general contractors engaged in ground-up construction or large-scale remodeling of luxury residential properties. It is best suited for contractors who subcontract at least 70% of labor and materials. Qualified accounts may also include contractors who occasionally perform commercial remodeling alongside their residential work.
Example accounts you can place: a GC managing custom homes listed in the millions that coordinates multiple specialty contractors, or a remodeler completing high-end kitchen, bath and exterior renovations in affluent neighborhoods where project values and exposure are elevated.
Coverage Highlights and Advantages
ProSight’s Luxury Home Builders program uses a proprietary per-start pricing model rather than traditional ISO payroll or subcontractor cost bases. That simplifies rating and often produces more competitive premiums for qualified risks.
The program includes a suite of embedded Commercial General Liability enhancements that are valuable on luxury projects, such as:
• Blanket Waiver of Subrogation
• Primary and Non-Contributory wording
• Broad blanket Additional Insured endorsements
• Per-project aggregate limits
Beyond policy language, ProSight provides access to experienced risk control professionals and responsive claims management resources to help contractors limit exposures and protect project margins.
Underwriting Notes and Limits
This is a non-admitted program underwritten by ProSight Specialty Insurance. General Liability and Excess Liability limits are available up to $5 million. Underwriting favors accounts with strong subcontractor vetting and management practices, clear contract flow-downs, and a demonstrable history of project oversight.
Available States
The Luxury Home Builders General Liability Insurance Program is currently available in the following states: AL, AK, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WV, WI, and WY.
Why Work With ProSight
ProSight Specialty Insurance brings focused expertise in niche construction risks and a streamlined underwriting approach for luxury residential contractors. Agents and brokers benefit from a dedicated carrier platform, specialty underwriting knowledge, competitive per-start pricing for qualified risks, and access to tailored risk control and claims services.
To learn more or begin placing business, visit the Luxury Home Builders General Liability Insurance storefront or view ProSight’s full company profile.
Frequently Asked Questions
What types of accounts are a good fit for this program?This program is ideal for general contractors who specialize in building or remodeling luxury residential homes and who subcontract at least 70% of labor and material costs.
Is commercial remodeling work eligible under this program?Yes. Qualified general contractors that perform some commercial remodeling in addition to luxury residential projects may be eligible—subject to underwriting review.
What makes this program different from standard general liability policies?ProSight’s proprietary per-start pricing and the program’s embedded liability extensions (such as blanket waivers and broad additional insured wording) distinguish it from many standard GL offerings that add these features only as endorsements for extra cost.
Is this program available on an admitted basis?No. The Luxury Home Builders program is offered on a non-admitted basis through ProSight Specialty Insurance.
In which states is this program offered?The program is available in more than 40 states. See the “Available States” section above for the current list of territories where you can place business.
Need help placing an account? Connect with a market specialist.
https://completemarkets.com/company/novatae/cabinet-maker-workers-compensation-insurance/