CuttheRisk.com
Insurance Specialist
1201-81 Church St.Kitchener,ON N2G 4M1
519.896.9970 or 1.888.256.8685
November 2011
A Disability Can Strike At Any time.
Could Your Company survive the loss of YOU?
In succession planning, most insurance advisors recommend life insurance but is the greater risk of disability being addressed when working with the highest levels of human capital? An elephant attack today, walking down the street tomorrow…
Billionaire's Elephant Attack Horror Story
ELEPHANT ATTACKS TECH GURU TOM SIEBEL
(And Tom Walks Away!)
It was over two years ago when Silicon Valley's tech billionaire and entrepreneur Tom Siebel decided to venture to Africa on a walking safari tour. Siebel, founder of Siebel Systems (sold to Oracle for $5.8B), was attacked and severely injured by a charging elephant in Tanzania. The raging 6-ton animal attacked the 56 year-old Siebel, goring his thigh, shattering his leg and breaking several of his ribs.
The guide and Siebel were able to radio for assistance but it was three hours before they received any medical treatment. This was followed by a 20-hour flight back to the States. During the flight home, Siebel lost two-thirds of his blood.
Siebel was lucky - most people don't survive these types of attacks. Had Siebel embarked on his safari adventure prior to or during the sale of his company, the impact to the organization would have been financially devastating. Tom was the heart and soul of Siebel Systems and there's no hiding from the fact that an organization's success is directly tied to its key human capital executives.
All successful companies, no matter the size, have key individuals driving the success of the business. What happens when those key executives become disabled?
Let’s Talk About Your Company’s Situation!
Call me to set up a coffee meeting!
Glenn Stewart, CIP, CRM, CHS.
1.888.256.8685 or glenn@cuttherisk.com
I deliberately arrange insurance to maximize its value and minimize its cost
for you personally or for your business.
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