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Make sure your professional practice
can thrive in the midst of
unforeseen circumstances.
You've grown a practice
based on
Loyalty and Trust
Your clients & patients depend on you.
Are you a professionaL?
Do you have A NEW OR well-ESTABLISHED
HEALTHCARE, LEGAL OR ACCOUNTING PRACTICE?
Curb your risk from financial instability or unforeseen events with a
Life, Critical Illness and/or Disability Policy.
We are able to provide Insurance options that give you more control &
a broader scope of coverage than those often offered by Professional Associations.
Coverage Options
You already have liability or malpractice insurance,
but have you considered what would happen to your practice
if you were suddenly unable to work due to an illness or a disability?
health Insurance
CRITICAL ILLNESS (CI) Insurance
If you get critically ill and can’t work for an extended period of time, how do the bills get paid? Do you draw from your savings? Would you be forced to cash in your investments?
So how can you protect yourself in this situation? Critical Illness Insurance will provide a single lump-sum tax-free benefit - to be used however you need, such as business expenses - if you are diagnosed with one of 20+ covered life-threatening illness.
Both Critical Illness & Disability policies can be structured to return a portion of premiums paid to the owner after a certain time-frame if there is no claim. A premium refund is a huge advantage, and can act as a saving vehicle of sorts, while giving peace of mind in the meantime.
DISABILITY (DI) Insurance
What if your disability made you unable to perform your usual occupation as a health professional, accountant or lawyer? Can you maintain your current lifestyle or would you be forced to work in a different capacity at a reduced wage? Or would you be forced to draw prematurely on your retirement savings?
If you suffer a disability and are unable to work, a disability product will pay you a monthly benefit based on a percentage of your annual income for a set time period.
This is a Disability Insurance product that will pay a monthly income to cover business expenses (utilities, payroll, etc) for a set time period if the policy owner becomes disabled.
RETURN OF PREMIUM RIDER
BUSINESS OVERHEAD INSURANCE
Life Insurance
Permanent Life Insurance
A permanent insurance policy provides tax-advantaged growth, guaranteed death benefits, cash-values and premiums for the life of the policy, funded personally or by the professional corporation.
It provides a lump-sum payment upon death which can be utilized to pay any costs to your practice or to care for your family.
An amount of permanent insurance provides certainty of coverage for your FULL LIFE. It can be combined with term insurance.
Can be fully funded in 10 or 20 years, so you can enjoy retirement with a policy that is growing tax-deferred and paid in full.
