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Life Insurance

Life Insurance to Help Protect the Ones You Love

Life insurance is a benefit that may help your family when they need it most. When you obtain life insurance early in your career, you help protect your family’s finances while you are building wealth. As your career progresses you may need more coverage to help ensure your obligations will be met and your family will be financially secure. Even after you retire, you may decide a term life policy is the best estate tax planning option.

Life Insurance for Practice Owners

We have advised practice owners on helping to protect their family’s financial security and future dreams with life insurance for generations and we are ready to help you. TMA Insurance Trust Advisors work with leading carriers and can help independent physicians secure the plan and amount of coverage that meets their needs.

Life Insurance to Help Protect Your Medical Practice

If you are an independent physician with a group of partners, life insurance may help protect the interests of the partners in the event that one partner passes away. For example, it can be used to help pay business debt or used as collateral to secure a business loan. 

Life insurance can also be an important part of a succession plan. Partners can secure life insurance on each other. This may help provide the necessary funds, at the exact time needed, to buy out the deceased partner’s heirs.

Instant Decision*

TMA members under age 45 can apply online for a total of up to $500,000 of TMA Member Term Life Insurance – with no health questions and no physical exam. TMA Member Term Life is issued by The Prudential Insurance Company of America.

Apply Online

Apply Online*

TMA members under age 55 can apply easily online for a total of up to $2,000,000 of TMA Member Term Life Insurance with affordable group rates. TMA Member Term Life is issued by The Prudential Insurance Company of America.

Click to Apply

Speak with a TMA Insurance Trust Advisor:

Surprisingly Affordable

Life insurance may be more affordable than you think. For example, a 37-year-old nonsmoker could purchase $1,000,000 of level premium term life insurance for $500 a year for a 20-year term. Ten-year and 30-year terms are also available.

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*TMA Member Term Life coverage is issued by The Prudential Insurance Company of America, Newark, NJ. The Booklet-certificate contains all details, including any policy exclusions, limitations and restrictions, which may apply.
CA COA #1179, NAIC #68241. Contract Series 83500
1061487-00001-00