Like most physicians, you have life insurance. You know that it is a vital part of your financial safety net. Since many hospitals and large medical practices offer group life insurance as an employee benefit, many employed physicians have this type of policy. Signing up for group life insurance takes only a few moments - and sometimes it is an automatic benefit, requiring no input from you as the insured. This employee benefit is almost always provided to employees at no cost or at very low cost. Since obtaining group life insurance is so simple and affordable, it’s easy to see why 46% of all life insurance policies are group policies.

You’ve worked hard for years, have provided well for those you love, and you have big dreams for your future. Over time, with a great deal of love and care, you are crafting your legacy.

But your legacy is hanging in the balance.

Most physicians understand the vital need to protect their family with life insurance coverage. If something should happen to you, you want your family to be cared for financially - and you want the dreams you have for their future to come true. This principle applies to both parents, even if your spouse or partner is not the primary breadwinner.

What do life insurance and love have to do with each other? More than you'd think. You buy life insurance because you love someone so much you want them to be taken care of, no matter what. But life insurance doesn't just help them. It gives you real peace of mind.

Life is about fulfilling dreams. You may have a new position, gotten married, had a baby or bought a new home. Buying more life insurance is the last thing on your mind. Yet the life insurance you have from your employer or bought years ago may not be enough to protect the life you and your family envision. So how can you purchase more coverage affordably? Here are a few simple tips:

From a young age, you, like most physicians, began thinking about the future in a proactive way. You likely spent years planning your education and life course, and continued to work hard to achieve your goals so your future would be secure. Once your career began, you sought out financial guidance from trustworthy sources - after all, what is the merit in working hard if it doesn’t pay off in the long term?

As a TMA Alliance member, you work hard to enthusiastically support important causes, including Be Wise - Immunize℠, Hard Hats for Little Heads, The Physician’s Benevolent Fund, and First Tuesdays at the Capitol; all for the future of the Texas community. From all of us at TMA Insurance Trust, we extend our sincere thanks for all you do.

You may question the need for more life insurance simply because you believe you’ll have enough savings, if something should happen to you. But building a nest egg takes time, especially when you have a mortgage to pay, a family to support and medical school loans to pay off.