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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.
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