Almost every doctor has been approached by a whole life insurance salesmen. Many of us have mistaken them for an impartial financial advisor and bought what they were selling, only to realize what happened years later. Then what?
Most doctors have their malpractice insurance taken care of by their employer or group. But what if you have to shop it yourself? Here's a guide.
Most doctors have their malpractice insurance taken care of by their employer or group. But what if you have to shop it yourself? Here's a guide.
Most doctors have their malpractice insurance taken care of by their employer or group. But what if you have to shop it yourself? Here's a guide.
Lawrence Keller, CLU, ChFC is an experienced insurance agent specializing in term life and disability insurance for physicians, dentists, and similar professionals. He is also a Platinum Sponsor of the 2016 WCI Scholarship. Here he discusses his business and industry.
Term life insurance is really simple to buy. Or is it? Maybe we haven't been buying the product that we should be buying. Annually renewable term insurance may be the "pure insurance" you're looking for.
There are lots of smart ways to get rid of your whole life policy. Here's another one you might like, exchanging it for a MEC.
While you may only ever have to purchase disability insurance once, there are some reasons to take a careful look at your policy every few years to see if it is still right for you.
Almost all doctors should buy term life and disability insurance for at least some portion of their careers, but very few should buy it from their professional associations.
Variable universal life insurance policies (VUL) are complex financial instruments. The very wealthy may get substantial tax benefits from using one, but most doctors probably won't. Since it requires a life-long commitment, think very carefully before buying one.
Disability insurance is complex, but Larry Keller helps break it down and make it understandable. Recently, Principal has made their policies less attractive while Metlife, Berkshire, and Ameritas have made theirs more attractive.
[Editor's Note: This is a guest post from Lawrence B. Keller, CLU, ChFC, CFP®, a paid advertiser on this site, although this is not a paid post. In this post, he discusses a topic many of us have wond...
Before buying any permanent life insurance policy, be sure you understand if you're one of the rare doctors for whom it actually makes sense.
[Editor's Note: This is a guest post from Lawrence B. Keller, CFP®, CLU®, ChFC®, RHU®, LUTCF, a frequent contributor and now an advertiser on the blog. This is Part 9 in his long-running series updati...
[Editor's Note: This is a guest post from insurance agent Lawrence B. Keller, CLU, ChFC, CFP®, a long-time contributor and reader who now also sponsors both the blog and The WCI Scholarship (have you...