Life insurance – you hear about it often, yet it still seems like a confusing topic. With so many products, solutions and varying opinions, it can be difficult to decide which type of life insurance will best suit your needs and protect your family if the unexpected happens. As a Texas physician, the two main types of life insurance you should familiarize yourself with are Term Life insurance and Permanent Life insurance. Below you will find must-know information regarding both types, in addition to each policy’s pros and cons. Keep this information handy when it comes times to purchase your policy.

“How much life insurance does my family need?” is one of the top questions our advisors receive when discussing the topic of life insurance with Texas physicians. With a wide range of highly rated policies available on the open market today, each with a myriad of coverage options designed to protect different types of consumers at various stages of life, getting a clear, simple answer to this question can be challenging.