Life insurance shouldn’t be a mystery. Yet many people, physicians included, may have some misconceptions about it.
We don’t want you to miss out on this important protection for your family. So here’s some information that may help shed new light on what you know – or don’t know – about the life insurance we offer.
Time passes fast. Especially for physicians, who invest heavily in their education and training. Days turn into weeks, and months into years. Along the way you may get married, buy a home, have children. Perhaps you start your own practice or pursue a specialty. With each change that comes along, life has undoubtedly gotten more complex. Income, assets, investments, and savings likely have grown through the years.
As you were planning for retirement, you probably thought a lot about making sure you would have enough income to cover your medical expenses. However, dental care during retirement is an often-overlooked expense that can take a serious bite out of your hard-earned retirement income.
Retired physicians may be surprised to find out those twice a year visits to your dentist’s office are not covered under traditional Medicare. Medicare supplement plans don’t include dental insurance either. And although some Medicare Advantage managed care plans offer dental benefits, both the network and the coverage could be very limited.
When shopping online most of us would like to see as much information as possible about what we’re looking to buy. That obviously includes the price. Once we know the cost, we can make a reasonably informed decision about whether or not to make the purchase.
Because life insurance offers financial protection for loved ones, most physicians see the value in securing this financial protection for their families.
What if you could supplement your life insurance protection, simply and affordably? Some physicians choose to help protect their families financially with an Accidental Death and Dismemberment plan. Let’s talk about how practical and affordable this insurance is, and why you may want to obtain it.
For most physicians, disability insurance is a given. Indeed, it’s considered an essential form of income protection.
But assuming you have a disability insurance plan, it may surprise you to learn just how much of your future income is not protected.
In life we protect the things that are important to us. That can include our family, our health, our home – and for a practicing physician, that should include your income.
That’s why there’s disability insurance – to help provide income if we get ill or injured and can’t work for a long stretch of time.
Most of us don’t choose to take unnecessary risks, but accidents still happen. Accidents and injuries can happen anytime and anywhere: driving to the grocery store, while taking on a small home improvement project, or tripping on an uneven sidewalk.
