• E-NewsLetter!
    1
  • (866) 512-0444
  • info@ExceptionalRiskAdvisors.com
  • LinkedIn
Exceptional Risk Advisors Exceptional Risk Advisors
  • Home
  • Professions
    • Executives | Entrepreneurs
    • Hedge Fund | Private Equity
    • Athletes
    • Entertainers
    • Physicians
  • Products
    • Key Person Disability
    • Buy Sell Disability
    • Disability Income
    • Multi-Life Disability
    • Contractual Performance Indemnity
    • Accident Coverage
    • Athlete Coverage
    • Entertainer / Headliner Coverage
    • Loss of License / Pilot Insurance
    • Private Equity
    • Hedge Fund
    • Kidnap & Ransom
    • Contingency Coverage
    • Physician's Edge 365
    • Attorney Golden Gavel Coverage
    • Loan Indemnification
    • Business Overhead Expense
  • About Us
    • Chris Lack
    • Frank Zuccarello
    • Matthew Ferraro
    • Joseph Ferraro
    • Terrence O'Neill
    • Sean McNiff
    • Tim Smith
  • Newsletter
  • Blog
  • Resources
  • Press Room
  • Contact Us

Newsletter

Seattle Bank CEO Survives Fatal Plane Crash

Posted Wed, Feb 15th, 2023
Exceptional Risk Advisors Lloyds of London Coverholder
Seattle Bank CEO Survives Fatal Plane Crash

High Limit Disability Insurance

The president and CEO of Seattle-based WaFd Bank, Brent Beardall, was hospitalized after the private plane he was in crashed seconds after takeoff. The 51-year-old executive was on board the plane with another WaFd executive who suffered minor injuries. The pilot, Nathan Ricks, a well-known Utah businessman and WaFd client, died in the crash. Mr. Beardall, after several surgeries, is expected to make a full recover. Beardall became CEO of WaFd in 2017 and his total annual compensation is reportedly over $3.6 million. WaFd, one of the largest banking institutions in the U.S., employees over 1,800 individuals and has a reported revenue of over $620 million.

Read the full story here.

How can you protect your clients? See below for the insurance solution.


Insurance Solution
High Limit Disability Income Protection
Executives & Entrepreneurs

Brent Beardall's story is a good reminder to advisors that their client's ability to earn a sizeable income is their biggest asset, yet it is often taken for granted. Disability insurance preserves what executives and entrepreneurs value the most and why they're in business: control. They are in control of their destiny, their business, and their future. Sophisticated advisors couple an executive's loss of control and future income projection as tools to communicate and educate their clients on the importance of disability insurance.

As Lloyd's of London Coverholders, Exceptional Risk Advisors designs and underwrites High Limit Income Protection for executives, entrepreneurs, financial professionals, attorneys, and other highly compensated individuals. With the ability to deliver disability benefits of $500,000 per month (and safeguard up to $10 million of annual income), advisors have the resources required to protect their exceptional clients.

Click Here to Learn More About High Limit Disability

Check out our latest blog post, 3 Situations Where Sophisticated Advisors Utilized the Excess Lines Market. We guarantee that at least one of these situations will ring true for your practice - we believe that everyone has that one exceptional client. And take a moment to subscribe to our blog, so you don't miss a post!

Contact us to discuss how we can help protect your exceptional clientele.


Featured Case Study
Contractual Performance Indemnity (CPI)
Snow Apparel CEO

Country Music DuoIn this case, a private equity firm injected $10 million of capital into the apparel company to keep up with rising demand. However, the client announced their upcoming back country ski trip planned during the traditional life underwriting process. The advisor on the case was challenged with providing an immediate solution to protect the private equity's $10 million investment while the client was on their trip.

Check out the case study to read about the insurance solution that was developed.

Click here to read the full case study

Please feel welcome to share this newsletter & case study with colleagues and your centers of influence.

SHARE THIS POST:

   Jeremy Renner Hospitalized After Snow Plow Accident
Rally Driver & YouTube Star, Ken Block, Dies in Snowmobile Accident   

Newsletter Archives

News Headlines

  • Key Person Protection Clorox CEO Plans Exit After Health Battle
    Aug 25th, 2026
  • Key Person Insurance Top OpenAI Executive Steps Down Due to Illness
    Jul 22nd, 2026
  • Accidental Death Protection Singer-Songwriter Dies in Helicopter Collision in Brazil
    Jun 24th, 2026
  • high limit income protection Best-Selling Author, Colleen Hoover, Shares Cancer Diagnosis
    May 20th, 2026
  • Key Person Disability Insurance OpenAI CMO Steps Down to Focus on Health
    Apr 22nd, 2026

Exceptional Risk Advisors, LLC is a licensed insurance producer - CA Licensee Number 0F60601. All products are offered pursuant to the excess and surplus lines laws of each individual state and must be placed through a properly licensed excess or surplus lines broker. These products are not available to the general public, and this website is intended for licensed insurance broker use only. Nothing in this communication constitutes an offer, inducement or contract of insurance. Financial strength and size ratings can change and should be reevaluated before coverage is bound and periodically thereafter. Not all products are available in all U.S. jurisdictions.

Copyright © Exceptional Risk Advisors, LLC All rights reserved.
info@ExceptionalRiskAdvisors.com
(866) 512-0444
Admin • Sitemap • Disclaimer