<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1200425829968335&amp;ev=PageView&amp;noscript=1">

Protecting What Matters Most

border

Women Physicians: Help Secure Your Family’s Future with Life Insurance

Your income provides a strong financial foundation for you and your family and life insurance can be one of your biggest allies in helping to keep that foundation secure. However, according to life insurance industry estimates, about 58% of men have life insurance but only 47% of women are covered.* To appreciate the value of life insurance for you as a physician, it’s important to understand all the various ways it can help you as your career progresses.

How Life Insurance Helps Women Physicians

Life insurance can help ensure that your financial obligations are covered should anything happen to you. Perhaps you, like many physicians, needed to take out education loans to help cover schooling costs. Many times a family member co-signs on these loans. If anything happens to you, that family member may still be required to repay your loan. Life insurance can assist in paying that debt, thereby helping to protect your co-signer from a sudden financial burden.

Have questions about your insurance needs? We're here to help - click here or call today
800-880-8181 8:00 – 5:00 CST Monday – Friday

If you’re a single parent or primary caregiver, life insurance becomes even more of a necessity. Life insurance can help make sure there are financial resources in place to continue care for your children, in-laws, or parents in the event of your passing.

Are you a partner in a medical practice? If so, owning life insurance can help ensure your practice can continue to operate smoothly even if a partner should pass away. The practice can own life insurance policies on each partner and make itself the beneficiary. Alternately, each partner can own a policy on every other partner. If your partner dies, the death benefit can be used to buyout the deceased partner’s ownership share of the practice. The funds could also be used to help cover the costs associated with recruiting and hiring a replacement. Life insurance can help protect you and all partners involved, so it’s important to meet and discuss all available coverage options. If this situation applies to you, please contact a TMA Insurance Trust advisor.

If you want to open a new practice, either on your own or with a group of physicians, a loan may be needed to fund your start-up. Most financial institutions require the principals on the loan to have life insurance in place as security for payment should one pass away before the loan has been repaid in full.

Assess Your Needs and Apply for Life Insurance

Whether you receive life insurance as a benefit of your employment, or you have your own coverage, as your life changes and your career advances, it’s important to periodically reassess your coverage. One of the best ways to determine if you have adequate financial protection is to schedule a consultation with a professional insurance advisor. At TMA Insurance Trust, our licensed advisors are ready to provide you with a complimentary consultation.

The TMA Member Life Insurance Plan issued by The Prudential Insurance Company of America can give members the coverage they need. As a professional woman, your premium may cost up to 20% less than those of your male colleagues. As a TMA member, you can apply online for $750,000 of coverage and get an instant decision. Or you can apply online for up to $2 million of coverage with streamlined underwriting--all in the privacy and comfort of your home.

As a full-service insurance agency, we offer other term life insurance options for all physicians in Texas. Our advisors stand ready to assist you with a no-cost, no obligation consultation Monday through Friday, 8:00 to 5:00 CST.

New call-to-action   New call-to-action

For over 60 years, TMA Insurance Trust advisors have been serving Texas physicians, their families and staff. TMA Insurance Trust prides itself on offering unbiased information and strategies to members, along with exclusive group rates on a range of the highest-rated plans in the industry.

Recommended Posts

Term Life in No Time: Get an Instant Decision on $750,000 of Term Life Insurance

Special Insurance Savings For Women

Don’t Make This Expensive Mistake With Life Insurance

Life Insurance Made Simple, Coverage That Makes Sense

Life Moves Fast, Is Your Life Insurance Keeping Up?

Life Moves Fast, Is Your Life Insurance Plan Keeping Up?

Updating Your Life Insurance Isn’t Just Easy – It’s Necessary

Take Advantage of Guaranteed Acceptance for $20,000 of TMA Member Critical Illness Insurance

Minimize the Financial Impact of Accidental Injuries with the TMA Member Accident Insurance Plan

Brighter Teeth, Reduced Health Risks, Lower Costs – Dental Insurance Makes Sense

Help Protect Your Financial Health with $20,000 of TMA Critical Illness Insurance

The Four Advantages of Buying Insurance From TMA Insurance Trust

Laptops, Groceries, Life Insurance – Here’s What They Have In Common

Trustworthy Help for Busy Physicians

Take Advantage of Guaranteed Acceptance for $20,000 of TMA Member Critical Illness Insurance

Help Protect More Of Your Income, Save Up To 30% – Get A Quote Now

Minimize the Financial Impact of Accidental Injuries with the TMA Member Accident Insurance Plan

Brighter Teeth, Reduced Health Risks, Lower Costs – Dental Insurance Makes Sense

Cost Control Countdown: Only Two Weeks Left To Take Advantage of Special Options for Better Health Insurance

8 Questions Owners and Independents Should Ask During Open Enrollment

Practice Owners and Independents - Get the Group Coverage You Want, Even Without Employees

Controlling Health Insurance Costs – Open Enrollment Special Options for Practice Owners

Take Advantage of Guaranteed Acceptance for $20,000 of TMA Member Critical Illness Insurance

Help Protect More Of Your Income, Save Up To 30% – Get A Quote Now

Minimize the Financial Impact of Accidental Injuries with the TMA Member Accident Insurance Plan

Brighter Teeth, Reduced Health Risks, Lower Costs – Dental Insurance Makes Sense

There’s Still Time to Control Costs and Get Better Health Insurance For 2023

Practice Owners and Independents - Get the Group Coverage You Want, Even Without Employees

Plan for Change: Lock in Lower 2022 Health Insurance Rates For 2023

Why Your Health Insurance May Need a Boost

Take Advantage of Guaranteed Acceptance for $20,000 of TMA Member Critical Illness Insurance

Help Protect More Of Your Income, Save Up To 30% – Get A Quote Now

Minimize the Financial Impact of Accidental Injuries with the TMA Member Accident Insurance Plan

Brighter Teeth, Reduced Health Risks, Lower Costs – Dental Insurance Makes Sense

Last Chance to Control Costs and Get Better Group Coverage for 2023

There’s Still Time to Control Costs and Get Better Health Insurance For 2023

Cost Control Countdown: Only Two Weeks Left To Take Advantage of Special Options for Better Health Insurance

8 Questions Owners and Independents Should Ask During Open Enrollment

Take Advantage of Guaranteed Acceptance for $20,000 of TMA Member Critical Illness Insurance

Practice Owners and Independents - Get the Group Coverage You Want, Even Without Employees

Controlling Health Insurance Costs – Open Enrollment Special Options for Practice Owners

Independent Physicians: Get Group Health Insurance – Even With No Employees.

Practice Owners, Independents: Control Costs, Get Better Health Insurance For 2023

TMA Members: Get Up to $1 Million of Catastrophic Injury Coverage with Guaranteed Acceptance

Term Life in No Time: Get an Instant Decision on $750,000 of Term Life Insurance

Don’t Overpay For Home and Auto Coverage

Take Advantage of Guaranteed Acceptance for $20,000 of TMA Member Critical Illness Insurance

Help Protect More Of Your Income, Save Up To 30% – Get A Quote Now

Minimize the Financial Impact of Accidental Injuries with the TMA Member Accident Insurance Plan

Brighter Teeth, Reduced Health Risks, Lower Costs – Dental Insurance Makes Sense

Last Chance to Control Costs and Get Better Group Coverage for 2023

Controlling Health Insurance Costs – Open Enrollment Special Options for Practice Owners

Independent Physicians: Get Group Health Insurance – Even With No Employees.

TMA Members: Get Up to $1 Million of Catastrophic Injury Coverage with Guaranteed Acceptance

Help Protect More Of Your Income, Save Up To 30% – Get A Quote Now

Minimize the Financial Impact of Accidental Injuries with the TMA Member Accident Insurance Plan

Brighter Teeth, Reduced Health Risks, Lower Costs – Dental Insurance Makes Sense

Last Chance to Control Costs and Get Better Group Coverage for 2023

There’s Still Time to Control Costs and Get Better Health Insurance For 2023

Cost Control Countdown: Only Two Weeks Left To Take Advantage of Special Options for Better Health Insurance

Practice Owners and Independents - Get the Group Coverage You Want, Even Without Employees

Practice Owners, Independents: Control Costs, Get Better Health Insurance For 2023

Take Advantage of Guaranteed Acceptance for $20,000 of TMA Member Critical Illness Insurance

Help Protect More Of Your Income, Save Up To 30% – Get A Quote Now

Minimize the Financial Impact of Accidental Injuries with the TMA Member Accident Insurance Plan

Brighter Teeth, Reduced Health Risks, Lower Costs – Dental Insurance Makes Sense

Practice Owners and Independents - Get the Group Coverage You Want, Even Without Employees

Practice Owners, Independents: Control Costs, Get Better Health Insurance For 2023

TMA Members: Get Up to $1 Million of Catastrophic Injury Coverage with Guaranteed Acceptance

Term Life in No Time: Get an Instant Decision on $750,000 of Term Life Insurance

Speak with a TMA Insurance Trust Advisor:

* Life Happens and LIMRA, The 2021 Insurance Barometer Study, 4/2021.
 
TMA Member Term Life coverage is issued by The Prudential Insurance Company of America, Newark, NJ. The Booklet-certificate contains all details, including any policy exclusions, limitations and restrictions, which may apply. Contract Series 83500

1066296-00001-00

Newsletter signup to receive our monthly newsletter

border