Your SVS: SVS Benefits Include Access to Life Insurance for Practices, Financial Planning Tools

May 22, 2017

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The offering for individuals from Securian Financial Group will help members build their estates without using working capital. Pacific Life offers the plans for group practices.


Securian Financial Group

Securian offers individual members with a high net worth an indexed universal life insurance plan and financial products for estate tax needs and planning. Applicants typically need to have a net worth of $5 million or more to be considered.

Compass Capital Management contracts with Securian to underwrite the life insurance premium, with the face amounts – perhaps $20 million – established by the individual to pay estate taxes and have assets to pass along to heirs. "This establishes a second ‘silo,’ so to speak, for personal wealth accumulation and estate planning purposes," said Phil Zima, of Compass Capital Management.

A great many surgeons and physicians have extensive personal resources but not necessarily liquid cash, said Zima. "They know they want to and should do estate planning, but don’t necessarily have cash reserves readily available to fund something like this properly," he said. "Securian will work directly with SVS members to help them accomplish their personal finance goals."

Pacific Life

Pacific Life offers "executive class underwriting" for high (up to $3 million), cash-value whole life insurance policies for group practices. The plans are for highly compensated executives with an annual income of $200,000 or more and no risk exposure; no medical exams are required.

Groups typically would purchase a plan for all the doctors in the group and perhaps key staff people. "The more physicians who participate, the more guarantee issue they can offer," said Mark Blocker, of the SVS Affinity Program. "Some people may not be able to purchase whole life insurance as an individual," he explained. "But if you’re in a group, you can actually get coverage.

"And it builds a nest egg for the physicians, as well," he said.

For more information, email, call 855-533-1776. More information also is available at


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