Life Insurance
Life Moves Fast, Is Your Life Insurance Plan Keeping Up?
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.
