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If I use the right business form for my medical practice, and have malpractice insurance, should I consider having an asset protection program too?

April 26, 2017asset protection Business form Insurance malpractice medical Practice right

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If I use the right business form for my medical practice, and have malpractice insurance, should I consider having an asset protection program too?

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Yes. A claim can always be made that exceeds your liability coverage. Also, most insurance plans do not cover you for punitive damages or intentional wrongdoing. Proper planning would include both liability coverage and asset protection techniques.