Life Insurance

Many physicians are surprised when they stop to think how much their life and family have changed since they were hired. If it’s been years, the group life insurance provided by your employer may not provide enough financial protection for your family. Since your first day, your family’s financial needs and obligations most likely have grown. Now consider inflation’s eroding effect on the real value of your life insurance benefit.  Will it provide as many years of financial security for your family as you once intended?

The coverage provided by your employer may not provide enough of a benefit for your needs. Even if you can buy more coverage through your employer, it may not be your best option. If you change hospitals, or go into private practice, you may not be able to keep your employer’s life insurance when you leave. Should you decide to leave your employer later in your career, your age and health may compromise your ability to secure your own coverage at a reasonable cost – or even at all.

No matter what route your career path takes, by having your own policy you can get the right amount of coverage to help protect your family with a plan that travels with you. Now is the best time to speak with one of our advisors so you can help close the hole in your life insurance safety net.