Disability and life insurance are two of the most important investments a doctor can make when it comes to financial security for your family and your income.
The problem is, when insurance shopping, you can be overwhelmed by how much time it takes to get everything done. Many people will end up skipping one or the other and end up not fully protected.
That’s why we recommend getting disability and life insurance together, where you can apply for both life insurance and disability insurance at the same time.
In this blog post, we will be going over the basics of everything you need in order to figure out how much life insurance you need (specifically for physicians, doctors, residents, medical students, and fellows!)
One of the most common questions that we get asked by physicians is "How much coverage do I actually need?"
And it is true that there are people out there who will sell you too little, and people who will sell you too much, and it’s not good to be in either situation.
So you know you need life insurance… but how much Life insurance do you need? And what type of life insurance should you get?
We’ll be going over the basics of how to figure out how much life insurance you need and what type of life insurance you should get (specifically for physicians, doctors, residents, medical students, and fellows!).
When talking about life insurance the first thing to think about is, DO YOU NEED IT? In this post, we will be going through the basics of life insurance so you can determine if you need a policy.
What you'll find is that it’s in deciding which type of life insurance to get where many doctors make mistakes that end up costing them money, so let's go in-depth into the different kinds of life insurance.
Tags: Life Insurance