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  The Supplemental Benefit Program is an asset protection, retirement and insurance program all in one, created for physicians who have an exposure to the claims of creditors.

For physicians in private practice, lawsuits are a major concern, due to the growing number of lawsuits and the high cost of insurance. Your accounts receivable balances are exposed to lawsuits. If the assets were lost, there would be no more money to collect and to pay overhead expenses, including your own income. The practice may have to shut down. Many excellent physicians in private practice have been forced into bankruptcy after losing their accounts receivable in a lawsuit.

The beauty of the Supplemental Benefit Program is that the client receives a lump sum amount of money, based on the client’s net worth, to finance premiums on a cash value life insurance policy. Furthermore, the money is compounded on a tax-deferred basis. 

Implementing the Supplemental Benefit Program could start you down the road to well planned asset protection for your medical practice, additional retirement for yourself and income continuation for your loved ones.

 
 

An explanation of the Business Planning Program is available
for download on your mobile device OR
as a PowerPoint presentation online.
 

To request a Feasibility Study, please contact
a licensed professional in your area.
If you do not have the name of a licensed professional,
call 1-800-277-8201 or click here to obtain a referral.

 

Professional Planning Team, LLC does not provide tax or legal advice.
It is important to coordinate with your tax or legal advisor regarding your specific situation.
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