6 Greatest Sins of Insurance Agents
If you're an insurance agent, stop committing these sins. If you're a client, stop associating with agents who do. Get the insurance you need and none of what you don't.
Whether it’s life, disability, auto, home, or malpractice, high-income professionals need insurance to make sure life’s biggest costs don’t substantially hurt their nest egg.
If you're an insurance agent, stop committing these sins. If you're a client, stop associating with agents who do. Get the insurance you need and none of what you don't.
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.
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.
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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.
The purpose of this article is to assist readers that currently hold, or are considering, a disability insurance policy to dig a little deeper when their policy has exclusions, limitations, or has been issued without the option of certain riders.
The Section 79 Scam. Doctors hate to pay taxes. Insurance agents love to sell insurance. Combine the two with a tax deduction the IRS offers and you end up with situations like Section 79 plans.
Index Universal Life Insurance has a sales force of thousands pushing it. Although there are plenty of bad policies, the best ones aren't terrible.
Indexed Universal Life Insurance sounds awesome. Market Returns, no downside risk, plus a death benefit? What's not to like? Unfortunately, it's too good to be true. Find out why!
Christian health sharing has some admirable features, but it is a poor substitute for real health insurance. Overall, it is bad for patients and their doctors.
While 10-pay policies have a slightly higher return than traditional whole life, they're still a relatively poor long-term investment.
Should you consider first to die or second to die insurance? Perhaps, but most people won't need it, here's what to consider before you buy!
Is the collision damage waiver you're offered at the counter useful insurance, or just another up-sell? Douglas Segan, MD, JD, explains its benefits.
Bob Whitlock explains the mechanics of whole life insurance, including investment return calculations and the source of dividends.
Medical school may not have taught you about money, but we will.
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