---

Click here for Member Benefits

News & Information

When do you need to purchase life insurance?

Posted July 9, 2009

As a member of the Wisconsin Medical Society, you can request affordable coverage today!

Many Americans are unwittingly putting their families at risk of a financial disaster. Nearly a third of Americans don’t have any life insurance coverage. And among those people that have coverage, 40 percent believe their current amount isn’t enough, according to Facts About Life 2006: America’s “Love-Hate” Relationship with Life Insurance (September 2006).

Why do so many people lack insurance protection? Many people put off purchasing life insurance because they cringe at the thought of planning for their own demise. However unpleasant it may be, your decision to purchase life insurance can impact your family’s plans for the future. That’s because a life insurance benefit can be used by your loved ones to pay for everything from final expenses like a funeral to living expenses such as mortgage payments, student loans and groceries.

But the persistent feeling among consumers is that, despite the odds, they are somehow immune to the hard reality of an untimely death. The truth is, a 35-year-old man has a one-in-six chance of dying before reaching retirement age. The odds are only slightly better for a woman of the same age, who has a one-in-nine chance of dying before age 65, according to The Changing Face of Mortality Risk in the United States by Daniel Theodore.

As a Wisconsin Medical Society member, you have the opportunity to request life insurance at affordable group rates. Take advantage of your Society membership and the benefits that go along with it and apply for the Member Life Plan today. Click here to apply, and click here to find out more about when you should buy life insurance.

Wisconsin Medical Society Life Insurance coverage is issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102. A Booklet-Certificate with complete Plan information, including limitations and exclusions, will be provided. Contract series 83500.

Back to Top

Loss prevention, higher deductibles may help your practice save money

Posted July 9, 2009

There are more than 25 million small businesses operating in the United States today, yet many of their owners are not taking advantage of ways to save money on their insurance. In lean times like this, it is even more important to evaluate your business’s habits and consider ways to reduce spending while boosting profits.

Wisconsin Medical Society Insurance & Financial Services can provide invaluable advice to help protect your business. It is important to keep us informed about any changes in your business operations, such as a major purchase, expansions or changes in hiring or the nature of your operations. Remember to not skimp on important coverage or cancel coverage to save money.

Please contact your Wisconsin Medical Society Insurance & Financial Services agent directly or use our on-line contact form so we may tailor your plan to work with your specific needs.

Back to Top

ProAssurance Wisconsin offers eligible members premium discount for EHR implementation

Society members with group medical professional liability insurance through ProAssurance Wisconsin Insurance Company (formerly PIC WISCONSIN) may be eligible for an additional 2.5 percent credit if their Electronic Health Records (EHR) system is accredited by the Certification Commission for Healthcare Information Technology (CCHIT). This credit is available only to Society members who purchase this insurance through Wisconsin Medical Society Insurance Services, Inc. To apply for an EHR credit, a member’s group practice must complete an EHR authorization form, available here, and return it to Wisconsin Medical Society Insurance & Financial Services, Inc.

Back to Top

Archive of recent Wisconsin Medical Society Insurance & Financial Services, Inc. News & Information