State of New Jersey

Notary Public Commission: 

Notary Public (Active)


State of New Jersey Department of Banking and Insurance Licensed Producer: Title, Life, Health 


Annuity Terms

Annuity - An annuity is a contract with an insurance company. The insurance company promises to pay you income on a regular basis for a period of time you choose—including the rest of your life.


Fixed Index Annuity -  A type of fixed annuity that earns interest based on changes

in a market index, which measures how the market performs. The interest rate

is guaranteed to never be less than zero, even if the market goes down.



Title Insurance Terms

Title - The evidence of right which a person has to the ownership and possession of land. Commonly considered as a history of rights. 


Owner's Title Policy -  A policy of title insurance, which insures a named owner against loss by reason of defects, liens and encumbrances not excepted to in the policy or unmarketability of the title. The company also agrees to defend covered claims made against the title.





*The opinions expressed on this website are strictly those of Malleo Financial Services, LLC and not those of any of our affiliates.


*Malleo Financial Services LLC cannot and

will not give any tax or legal advice.



Stock Option Specific Disability Insurance


What are Stock Options?


A stock option gives the investor the right, but not the obligation, to buy a certain amount of shares in the company at a predetermined price. An employee stock option is slightly different from a regular exchange-traded option because it is not generally traded on an exchange, and there is no "Put" component. Furthermore, employees typically must wait a specified vesting period before being allowed to exercise the option. 


Stock options are usually awarded to executives at various times and are often awarded on an annual basis. At the time the stock options are awarded they are not yet in the possession of the employee, they first need to be executed or purchased. Once they have been executed they are normally restricted for a period of time before they mature.


Within publicly traded companies, many top executives are compensated by way of a number of different sources. The most common sources will include salary, bonus, and stock options. Many individuals are paid a modest salary, bonuses tend to vary, and stock options can be as much as 80% of total compensation package. This holds true with the majority of America’s top companies.


Stock Option Disability Insurance


What happens to an executive who has a career ending disability? Disability insurance benefits will begin after the elimination period (time deductible in days before benefits start), but their annual stock options will no longer be awarded to them. With executive compensation packages heavily weighted toward stock options, their disability insurance portfolio will have a massive shortfall.


Unique compensation issues require unique solutions.


The Stock Option Disability Insurance plan is a long-term, own-occupation, career-ending disability insurance product designed for executives of publicly traded companies.  The "Own-Occupation" feature of a disability policy will continue to pay its benefit if you can go back to work, but in a different occupation.  Benefits are paid on a lump sum basis of up to five times the last three years annual average stock option awards. Malleo Financial Services can offer this unique type of disability insurance through a Lloyd's of London carrier.  Contact us for more information.


 For a free consultation, please contact us for an appointment.




*This blog is strictly the opinion of Michael A. Malleo and not those of

ASH Brokerage Corp., nor any of our affiliates.


Malleo Financial Services LLC cannot and will not give any specific tax or legal advice.

Please consult your tax professional or legal professional for such advice.