As physicians, we spend years training to protect our patients’ health. We learn to prepare for unexpected complications and take preventive measures to avoid problems. Yet when it comes to protecting our own financial health, many of us miss a crucial form of protection: umbrella insurance. Just as we wouldn’t want a patient to go…
I get asked a lot about life insurance and many physicians I know have had whole life insurance recommended to them. The distinction between term and whole life policies frequently leads to costly mistakes. This confusion is compounded by insurance agents who may present whole life insurance as an attractive investment vehicle for high-income professionals…