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Four Keys to Protecting Prosperity of Doctors

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• Wealth Guard is a revolutionary new portfolio of legal, insurance, and financial products customized for the specific and unique needs of practicing healthcare professionals.
• Wealth Guard is an affordable “must-have” supplement designed to “Fill the Gaps” that traditional medical malpractice insurance does not provide.
• Wealth Guard is your advocate! —providing “peace of mind” for doctors. We take care of your personal and business assets so you can to do what you do best —serving your patients and your community.
• Four keys to Wealth Guard:
– Asset Protection
– Licensure Defense
– Cyber Liability Protection
– Malpractice Assessment

Published in: Sales

Four Keys to Protecting Prosperity of Doctors

  1. 1. Every 43 minutes a doctor suffers a medical malpractice loss!
  2. 2. Every 43 minutes a doctor suffers a medical malpractice loss! 9out of every 10hospitals incur at least one data breach… …which cost healthcare organizations an estimated $7 Billion per year.
  3. 3. On March 13, 2014… the Florida State Supreme Court… voted to overturn a 2003 law which limits malpractice damages to $500,000. The result…medical malpractice judgments are UNLIMITED. The problem now is most healthcare professionals do not carry sufficient insurance to protect themselves from excess judgments. The Solution? Wealth Guard!
  4. 4. What is Wealth Guard? Wealth Guard is a revolutionary new portfolio of legal, insurance, and financial products customized for the specific and unique needs of practicing healthcare professionals. Wealth Guard is an affordable “must-have” supplement designed to “Fill the Gaps” that traditional medical malpractice insurance does not provide. Wealth Guard is your advocate! —providing “peace of mind” for doctors. We take care of your personal and business assets so you can to do what you do best —serving your patients and your community.
  5. 5. • Securing your business and personal assets Asset Protection • Trusted legal ally representing your interests Licensure Defense • Network security and data privacy insurance solutions Cyber Liability Protection • Independent review from our legal experts Malpractice Assessment 4 Keys to Wealth Guard
  6. 6. • Securing your business and personal assets Asset Protection 4 Keys to Wealth Guard How Does Wealth Guard Protect Your Assets? – Retitling of assets to be exempt from creditors’ claims. – Erect “barriers” around assets to remove any incentives for pursuit by creditors. Personal and Professional Asset Assessment – Identify vulnerability of assets for excess judgments. – Protect from civil and commercial creditor exposure. Improve Overall Asset Protection Strategy – Pre-litigation management and organization of personal and business assets. – Implement legal, ethical programs custom designed to protect your assets. – Increase your ability to negotiate a favorable settlement in the event of a claim.
  7. 7. • Trusted legal ally representing your interests Licensure Defense 4 Keys to Wealth Guard Billing Error Coverage – Covers defense costs, shadow audit expenses, and regulatory fines. – Protects against civil investigations from a Qui Tam plaintiff, or insured’s voluntary self-disclosure to a government entity. Regulatory Licensure Defense – Provide legal protection against Recovery Audit Contractors (RAC) – Coverage also includes fines and costs from HIPPA, EMTALA and Stark compliance proceedings. OSHA Defense – Defense against Occupational Safety and Health Administration citations for alleged violation of safety standards.
  8. 8. 4 Keys to Wealth Guard Cyber Terrorism and Extortion – Coverage for income loss and interruption expenses. – Covers extortion threat expenses. Network Asset Protection – Covers costs to recover or replace lost, stolen, damaged, or corrupted data. Network Security & Privacy – Insurance for online and offline information, virus attacks, service denial. – Covers privacy breach response costs, customer notification costs, customer support and credit monitoring expenses. • Network security and data privacy insurance solutions Cyber Liability Protection
  9. 9. 4 Keys to Wealth Guard Malpractice Protection Advocate – Independent review attorney specializing in medical malpractice liability and legal defense. – Deterrent letter increases probability of claims being dismissed. – Legal instructions on how to govern yourself with your medical malpractice insurance carrier. • Independent review from our legal experts Malpractice Assessment
  10. 10. 4 Coverage Plans of Wealth Guard Wealth Guard Essential 1 (For Employed doctors only) Wealth Guard Essential 2 Wealth Guard Silver Wealth Guard Gold • $25,000 Regulatory and Licensure Proceedings • $25,000 Billing Errors, EMTALA and Stark Proceedings One-time Fee: $975.00 First Year Monthly: $145.00 Renewal Year Monthly: $145.00 • $25,000 Regulatory and Licensure Proceedings • $25,000 Network/Cyber Protection Billing Errors, EMTALA and Stark Proceedings One-time Fee: $975.00 First Year Monthly: $225.00 Renewal Year Monthly: $225.00 • $50,000 Regulatory and Licensure Proceedings • $500,000 Network/Cyber Protection Billing Errors, EMTALA and Stark Proceedings One-time Fee: $2,341.00 First Year Monthly: $261.25 Renewal Year Monthly: $372.96 • $75,000 Regulatory and Licensure Proceedings • $1,000,000 Network/Cyber Protection Billing Errors, EMTALA and Stark Proceedings One-time Fee: $2,582.00 First Year Monthly: $261.25 Renewal Year Monthly: $388.50 All coverage plans include Asset Protection assessment/recommendation and Malpractice Independent Advocate
  11. 11. FAQs • Do I need Malpractice insurance if I have Wealth Guard? • I have insurance with my employer. Do I still need Wealth Guard? • Do I still need cyber liability protection if I have already implemented online and data security measures? • Does Wealth Guard help with any existing threat of litigation? • If I outsource my billings to a third-party provider am I still liable? • Who are the underwriters for Wealth Guard? – NAS – FPA (FPA Legal Defense) – Lloyds of London • How do I know which Wealth Guard plan is best for me?
  12. 12. Taking Care of Those Who Take Care of Others

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