Your Practice

You take care of your clients, patients, and partners; isn’t it time someone took care of you?

Know all the things insurance can help your practice do? Probably not. Here are a few:

Annnual tax-deferral opportunities

Income-splitting strategies and opportunities

Protect you and your partners from the unexpected

Tax-efficient health and overhead expenses funding

Protect against the loss of key operating people

Provide owner/operators with corporately-funded retirement income

Tax savings through charitable giving

Capital gains tax and estate liabilities funding

Secured borrowing and alternative financing arrangements

CONTACT US ANYTIME TO LEARN ABOUT ALL THE WAYS THAT INSURANCE CAN HELP YOU.

Practice Insurance

As a service professional, your time is money. The value you build in your practice is often a multiplier of your reputation and experience, combined with your ability to attract and retain clients. But while you’re busy taking care of others, you may not have considered what might happen to your practice if you or your partners were suddenly unable to work due to death, illness or disability. Furthermore, while your high earning potential is an advantage, it comes with its own future planning challenges (and opportunities).

Your professional association may have assured you that their solutions are best for you because it’s worked for thousands of other healthcare, legal, or accounting professionals; but are you just another number? As independent specialists, we create customized solutions for our professional clients and have the expertise, network, and access to best-in-class product to protect your hard-earned assets and to plan for your future earnings, so you can keep doing what you do best.

Utilizing a variety of insurance, estate, and succession planning tools and strategies, we are able to offer many practice-tailored insurance services.

Practice Insurance Services

  • Incorporation Advice and Assistance
  • Partnership Agreement/Buy-Sell Funding and Planning
  • Annual Tax-Deferral and Corporate Taxation Strategies
  • Income-Splitting Strategies
  • Tax-Efficient Overhead and Health Expense Funding
  • Tax-Free Capital Gains Planning
  • Probate Planning and Fee Reduction
  • Key Person Coverage
  • Executive Team Compensation
  • Employee Benefits Solutions
  • Business Succession Planning

At Seligman Insurance, our extended network allows us to offer so much more than just insurance:

Fee-only financial planning

Discretionary and private wealth management

Wills and estate planning

Accounting, bookkeeping, and tax advice

Underwriting and actuarial consulting

Home, auto and commercial liability solutions

Contact us anytime to learn more about these services.

How to Use

At Seligman Insurance, we help clients clarify their financial needs and develop insurance-based strategies to achieve their financial goals. We’ve added an easy-to-use needs calculator here to illustrate just some of the life insurance options available based on your situation.

There are two ways to use this calculator: If you have an idea of how much coverage you need, enter this directly into the calculator. If you’re unsure about the amount of coverage you require, answer a few questions in the needs analysis section to estimate your required coverage.

In both cases, a report will be sent to the email address you provide showing illustrative life insurance options offered by different companies. Please note that while the report will give you a sense of what’s available, a solid long-term financial plan needs to be customized based on a comprehensive understanding of your situation and needs. Get in touch with us to start the conversation; one's insurance portfolio should be based on many other factors than price alone.

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