From a press release issued by Kibble & Prentice:

Kibble & Prentice (Seattle, WA), a respected wealth management firm that works with many top AMA Superbike, Supercross, and extreme sports athletes, would like to announce the availability of a lower cost disability insurance product they are marketing specifically to high-risk athletes.

As many racers are already aware, disability insurance is unaffordable to most. Insurance companies typically do not want to underwrite life insurance or disability insurance on racing professionals because of the risks of serious injury. Thus, $1,000,000 of permanent total disability insurance for a road racing or motocross professional typically costs upwards of $25,000 per year. Lesser levels of coverage are still terribly expensive.

Kibble & Prentice, through the work of their investment and insurance professional Brian Orton (who also happens to be co-owner of 2Fast Motorcycle Track Days & Instruction, and is Director of The Seattle 100), has helped racers find an affordable alternative – catastrophic disability coverage – which can be purchased for a fraction of the cost of permanent total disability coverage. This form of coverage offers attractive disability benefits to high-risk athletes like road racers, yet typically costs only $2000-$5000 per year (depending on coverage levels applied for). Additionally, the annual costs of the policy stay level year to year unlike other forms of insurance which typically increase annually.

According to Brian Orton, whose clients include several factory professionals, anyone eighteen years of age or older can apply for this form of insurance. “In the past, racers have had only two choices when it comes to permanent total disability insurance: the coverage through Lloyds of London that costs more than 9 out of 10 guys in the pits can afford, or nothing at all. This product is an alternative to ‘nothing’ at an affordable price. Every racer should consider it.”

For further information, interested parties should contact Brian Orton at (206) 676-5683 or by email at [email protected].