Financial Care for Physicians

Wealthcare Financials works tirelessly in assisting Physicians of almost all specialties and we are proud to work with those who take care of us. Having dedicated your life to service, we feel it's only right we serve you. Through education on some of the most pressing issues, like death and disability, our experienced team walks you through every step from education to underwriting, guidelines, and timeline for approvals. Knowing your job is hard enough, we make protecting yourself and your loved ones as easy and painless as possible!

For those who have Partners in a Physician's Practice, we educate them on the importance of funding Buy/Sell Agreements with life and disability Insurance solutions that allow a Partner the ability to buy out the other in the event of such a tragedy. When structured properly, the proceeds of a death can be used to pay off the equity share to the family of the deceased while potentially having enough of a benefit leftover to replace the deceased Partner. For a permanent disability of a Partner a lump-sum can be paid out to allow them to leave the business and get their equity from it. This is all done so that money from Practice cash flow or savings does not need to be utilized to fulfill such obligations.

For those who own, or will own a medical practice, we focus on the core philosophy above, but also highlight the importance of protecting their practice from disability with Business Overhead Expense insurance. This type of insurance is designed to keep the business afloat in the event of a disability. Best known to pay many of the monthly bills, loans, and even for a replacement Physician, this is critical for your practice in such events.