As the preferred insurance provider for 19 Ontario Medical Associations, our most important asset is our expertise and experience with Physicians. Since 1967, we have specialized in dealing with Physicians' insurance, tax, wealth and estate planning issues. If you had a Cardiac issue would you see your Family Physician or would you see the Cardiac Surgeon who has performed more bypass operations than anyone else in the country?
If you had a herniated disc, would you go to a Chiropractor or would you see the Orthopaedic Surgeon who has performed more than 1000 microdiskectomy surgeries? Levine Financial Group has worked with 19 Ontario Medical Associations and Hospitals where we negotiated a discount of 25% on disability insurance, 10% on critical illness insurance, cost savings on term life insurance and a 6.0% dividend interest rate on whole life insurance.
If you had a herniated disc, would you go to a Chiropractor or would you see the Orthopaedic Surgeon who has performed more than 1000 microdiskectomy surgeries? Levine Financial Group has worked with 19 Ontario Medical Associations and Hospitals where we negotiated a discount of 25% on disability insurance, 10% on critical illness insurance, cost savings on term life insurance and a 6.0% dividend interest rate on whole life insurance.
Services
Disability, critical illness and long term care insurance are designed to protect you, your income, your ability to live independently and be financially secure should you be unable to work, have a critical illness or require care in your own home or a facility. Other planning tools for physicians include the benefits of Incorporation, setting up a Health Spending Account and Private Wealth Management for investment accounts over $1,000,000.
The loss of income due to a disability is one of our greatest fears. Disability insurance is designed to protect your income if you are unable to work on a permanent or partial basis. Levine Financial Group offers non-cancellable coverage tailored to meet your individual needs.
We offer several options for you to consider in your disability policy, including an own occupation definition of disability, a cost of living adjustment, a future income option, HIV and Hepatitis B and C coverage for medical professionals and a conversion to long term care coverage.Below is an overview of the different options and definitions you should consider when setting up your disability insurance.
We offer several options for you to consider in your disability policy, including an own occupation definition of disability, a cost of living adjustment, a future income option, HIV and Hepatitis B and C coverage for medical professionals and a conversion to long term care coverage.Below is an overview of the different options and definitions you should consider when setting up your disability insurance.
Critical illness insurance is designed to create a tax-free lump sum payment of up to $2,000,000 soon after the onset of one of up to 25 critical illnesses e.g. One of the attractive options available is the return of premium option. This option states that as long as you have not claimed, you may elect to exercise the refund of premium option with some policies as soon as the fifteenth policy year!
Long term care insurance protects you against medical illnesses and the financial impact that prolonged medical attention may have on your ability to conduct your daily activities and the associated financial consequences. As a Physician, you are acutely aware that you cannot foresee a potential health problem and the associated cost of care.
Your articles of incorporation establish the existence of the corporation, the shareholders' class of shares (for example A, B, C), voting rights, share value and the different rights of each shareholder. Your will determines who gets the shares of your corporation on your death. It may be prudent to review your articles of incorporation and your corporate will with your legal council to make sure these are consistent with your wishes.
