Disability Policy Benefit
Available to all CSW Chiropractors AND their employees!
The CSW has created a new and innovative Disability Plan for ALL of our members including DCs, CTs, CAs and CRTs. Details for our two plan options are listed below, as well as 4 NEW offerings.
Two Options Are Available to CSW Members:
- Option 1 for DC and Employees: The Primary Program that we have established is a Very Comprehensive Group LTD Plan that insures your specialty throughout the disability benefit period. Not only have we established the Plan for you as a Doctor but also for all of your employees. Since this is a group plan, to be eligible for this program, you must have a group of two or more that work at least 20 hours a week. This is a Guaranteed Issue Program with a 90 Day Elimination Period, to Age 65 Benefit Period and a Monthly Benefit of 60% of your income up to $10,000 for Doctors and $5,000 for all other Employees.Please note, the price for this program is very competitive: In most cases, the premiums to provide coverage to not only yourself, but everyone in your practice have been lower than what many doctors are currently paying for their own personal coverage that has lower benefits and is not as comprehensive in benefit provisions.
- Option 2 for DC: For those Doctors where you are the only person in your practice, there is an alternative individual contract, with a major insurance carrier, that will also provide comprehensive coverage insuring your occupation to age 65.
How Do We Compare?
View Comparison Chart
| CSW (Option 1) |
Other Comparative Association | |
| Is the plan guaranteed issue? | Yes | No |
| Insures you occupation to 65 | Yes | No (2 Yrs) |
| Insures you specialty occupation to 65 | Yes | No |
| Monthly benefit | 60% | 60% |
| Maximum monthly benefit for chiropractors | $10,000 | $10,000 |
| Maximum monthly benefit for staff | $5,000 | $-0- |
| Include all of your income from all sources | Yes | No |
| Includes residual disability | Yes | Yes |
| Includes dual formula residual disability | Yes | No |
| Do account receivables affect benefits when on as claim? | No | Yes |
| Do individual DI contracts reduce benefits | No | Yes |
| Is an infectious and Contagious Disease Rider Included? | Yes | No |
| Does the plan allow staff to be included | Yes | No |
| Elimination period | 90 days | 180 days |
| 3% cost of living rider | Rider | No |
Note: The above is based on current information provided to us and can change in the future if the Respective Association makes changes to their LTD Program or the Insurance Carrier that underwrites the respective LTD Program changes.
New Program Offerings!
Accelerated Life Insurance Program - NEW
We at the CSW are excited to announce a New Benefit for our members, an Accelerated Life Insurance Program. We realize that many of you may have found that applying for Life Insurance can be a tedious process.
Well now we have found an easier way for you to obtain the Life Insurance that you may need to protect your Family. We have teamed up with Life Brokerage Plus International to provide you with their Accelerated Life Insurance Program
All you do is click on this link https://vivecp.com/7ea0f6b2-4eec-4c63-9e85-33583901dc23
The New Accelerated Life Insurance Program will allow you to obtain quotes and apply to the following Insurance Carriers:
AIG/Corebridge | Protective | Pacific Life | Prudential | Lincoln National
The following are the particulars:
- These 5 carriers offer the most competitive premiums for term insurance contracts in today’s Market Place.
- Issue Ages are between the ages of 18 and on up
- Minimum Amount of coverage is $100,000
- The type of coverage is 10, 15, 20, 30, 35 or 40 year guaranteed Level Term Contract
- Each Contract is Convertible to Whole Life or Universal Life without Proof of Insurability
- All of the variety of today’s underwriting classifications are offered
What is the process for quoting and applying?
- First you enter in basic information regarding yourself, some simple health questions and the coverage that they are interested in.
- Once the information is entered, you will then obtain quotes from each of the carriers.
- You then choose the plan that you want to apply for and then press submit
- Once the carrier has your submission, they will then contact you in order to complete the actual application and place it into their Accelerated Underwriting Program.
- If you are approved under the Accelerated Underwriting Program, a policy is approved and issued.
- If for some reason you do not qualify, the application will go to the full underwriting team for further underwriting.
If you have any questions, please give Jeff Lindquist a call at 414-881-2436 or at mjlpc@aol.com.
Estate and Business Planning Service - NEW
Have you established a comprehensive Estate and Business Plan to protect your family?
If you have, have you reviewed your Plan recently to make sure that it still meets your needs?
Do you have a Business Continuation Plan set up for your Practice?
Do you have Key Employees that may affect the profitability of your practice if they no longer were available?
Knowing how important an up-to-date Estate and Business Plan can be to you and your family, we have partnered up with Life Brokerage Plus International to provide to you their Comprehensive Estate and Business Planning Service to you as a member of the CSW. Their services include a comprehensive review and analysis of what you currently have established and make sure that everything is still up-to-date and meets your current needs and how any new Tax Legislation may affect your Plan.
Please review the summary that we have provided that point out specific questions that you should be asking yourself about your Estate and Business Plan and then an overview of what is addressed during the Estate and Business Planning Service Process.
If you would like to take advantage of this service, please contact Jeff Lindquist at 414-881-2436 or at mjlpc@aol.com.
Life Insurance Policy Audit Service - NEW
Questions to Ask Your Self
- Has your Health Insurance Premiums Increased under the Affordable Care Act?
- Has the cost of Your Groceries Increased?
- Has the cost of Operating Your Business Increased?
- Has your Home Utility Bills Increased?
- Are your Income Taxes and Real Estate Taxes Increased?
- Has Your Overall Cost of Living Increased?
- Do you know the One Area of Cost that has decreased over the Years?
Possible Answers
- We would guess that the answers to the first 6 Questions is “YES”. Now the answer to the last question is the cost of Life Insurance. Yes, the cost of Life Insurance has continued to decrease over the last 20 years.
- With that thought in mind, we have partnered with Life Brokerage Plus International to provide their Comprehensive Policy Audit Service which may be able to help you reduce the cost of your current life insurance so you are able to redirect those savings towards the other expenses that you incur from day to day that have been increasing over that same 20 year time span.
- So how does the service work? They start by reviewing your current policies and then provide a comprehensive Policy Audit of your coverage with the goal of saving you money and making sure that the coverage you have meets your current needs.
- They are not asking you to purchase additional coverage. They just want to make sure that the coverage you have is the most cost effective for you and that it is the most appropriate contract for you and your family.
Currently, 90% of the Clients that have taken advantage of this Policy Audit Program have been able to realize an improvement to their Life Insurance Portfolio. For more information, Please e-mail Jeff Lindquist at mjlpc@aol.com or give him a call at 414-881-2436.
Buy-sell Document Review - NEW
A Statistic that should be known about Family Business Transfers:
Less than one-third of Family Owned Businesses survive transfer to the Second Generation, 12% to the Third Generation, and only about 3% to the Fourth Generation.
The following are issues that need to be reviewed regarding your Buy-Sell Agreement:
- When was the last time the Document was reviewed?
- What Type of Buy-Sell Agreement do you have?
- Does the 2024 Supreme Court Decision Connelly vs. United States affect your Buy Sell Agreement and its Funding?
- If you reside in the State of Wisconsin, does your Buy-Sell Agreement Address the Wisconsin Marital Property Law and have your Spouses signed the Agreement?
- Does your Agreement have a Schedule where you record the Value of the Business Each Year
- Does your Agreement stipulate how an Owner will be bought out upon a Disability?
- Does your Agreement stipulate how an Owner will be bought out upon a Retirement?
- Does your Agreement stipulate how an Owner will be bought out if the Owner is leaving on Bad Terms?
- Will any of the Terms of the Agreement in regards to an owner being bought out over a period of time, place a stress on the Business and affect the profitability of the business?
- Is the Business Valuation Method within your Agreement up to date and current with today’s market place?
- Is the Funding of the Agreement up to date?
Now how do you go about obtaining a quote? We asked Life Brokerage Plus to not have our members get lost in the cracks and they agreed to assign a specific person to handle the CSW member accounts. That way we can ensure our members get personalized service.
All you have to do is e-mail the following information to Jeff Lindquist at Life Brokerage Plus. His E-mail Address is mjlpc@aol.com and his phone number is 414-881-2436. He will be coordinating these Programs. Jeff has 40 years of experience working in this marketplace.
Your email should contain the following information:
Name and Address of your Clinic
Names, Date of Birth, Occupation and Annual Incomes of all Doctors and Employees.
Contact information in case there are any questions.
Once he receives this information, he will design your Plan and then e-mail the information back to you. After reviewing the information, please contact Jeff with any questions that you may have or if you would like to proceed with the coverage. He will provide you with the appropriate forms to install the program within your Clinic. If at any time you would like him to stop by your Clinic to go over anything, he would be more than happy to do so.
In closing, we think that once you see the Program that has been designed for you and what the cost of the program is, you will agree that the CSW Option 1 plan is by far the best LTD Program available to you and your employees.
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“As promised, we are investing our resources back into projects that benefit our members including our dedicated CAs, CTs and CRTs,” stated CSW Past President Dr. Dean Shepherd. “We asked the insurance industry to be creative and believe that this new disability policy is superior to other association policies available in Wisconsin in that it has a guaranteed issue, own occupation, and for the first time the DC can not only insure themselves, but their employees.”