Life Insurance for Physicians
As a Physician you are faced with life and death situations on a daily basis and thinking about life insurance for yourself can be an uncomfortable thing to do. The different types of insurance policies can seem confusing as well. The proper life insurance coverage is essential in making sure your family has the adequate protection needed in the event of your passing. We can help guide you through this important financial decision making process, with our experience and expertise.
Getting the Advice You Need
Our job is to make sure you understand the different types of policies available and how they work. We will help you determine the proper amount of coverage you will need to provide the protection you desire. Our office is unique because we will also show you how having the proper life insurance policy can help you incorporate Actuarial Science into your retirement income streams. Incorporating Actuarial Science into your retirement accumulation phase will allow you the options to maximize your retirement distribution income stream. If you don’t incorporate Actuarial Science you can be relegating/defaulting yourself to the 3-4% income withdrawal rate determined by the Monte Carlo theory. I am sure you agree, defaulting to a 3-4% withdrawal rate for your retirement income stream will create a financial problem. Will you be able to live on a 3-4% annual withdrawal rate from your accumulated retirement pot of money? When you incorporate Actuarial Science along the way you put yourself on a path that can potentially provide much higher retirement income withdrawal rates from the assets you have built! We can show you how this works.
Physician Insurance Specialists is an independent agency and we offer over 60 different insurance carriers to chose from. We are not limited to a few products but instead numerous products with different premiums and policy benefits. We have a TEAM OF EXPERTS to compare and customize the different options available to you and present you with the best policy options to fit your needs.
Getting an Insurance Quote
Life Insurance can be used for many types of protection. You can fund Buy/Sell agreements using life insurance. You can structure life insurance to pay Estate taxes at the time of death. Life Insurance can also offer you Long Term Care coverage and more. Please call us so we can help guide you through all the different options available to you.