Story at-a-glance Whole life insurance isn’t just for protection—it’s a tool for building tax-free, multi-generational wealth. The wealthy use it to fund investments and pass down wealth using strategies like the Rockefeller family’s “use, grow, and pass down” system. Policy loans offer
Dentist’s Guide to Whole Life Insurance
Story at-a-glance Whole life insurance offers lifetime coverage plus a cash value that grows over time.Dentists can use policy cash value to invest in their practice or cover emergencies.Enjoy tax benefits like tax-deferred growth and tax-free loans and death benefits.Mutual companies may pay
Physician’s Guide to Whole Life Insurance
Story at-a-glance Whole life insurance lasts for life and includes a growing cash value you can use.Physicians gain tax benefits, like tax-free death benefits and tax-deferred growth.Cash value is flexible, letting you borrow for practice costs, family needs, or retirement.Dividends can boost
Understanding the Basics of Employer-Provided Life Insurance for Physicians
Story at-a-glance Employer life insurance is often too small – Basic group policies usually cover only 1–2x your salary, which falls short for most physicians.You lose it when you leave your job – Group coverage isn’t portable, so changing employers or retiring may leave you unprotected.You
The Ultimate Guide to Choosing Life Insurance for Dentists
Story at-a-glance Dentists face unique risks – High student debt, practice loans, and income replacement needs make life insurance essential.Term vs. Permanent – Term offers affordability, while whole and universal provide long-term benefits and cash value.Business continuity matters – Use
Life Insurance for High-Income Earners
Story at-a-glance High-income doctors need more coverage – Your income, debts, and dependents demand a stronger safety net.Term vs. permanent – Term is cost-effective now; permanent adds long-term value and estate planning benefits.Customize your policy – Add riders like disability waiver or
Physicians Need to Know How to Buy Life Insurance
Story at-a-glance Start with your “why” – Protecting your family is the most important step. Everything else follows from that clarity.Know how much coverage you need – Go beyond income multiples. Factor in debts, future expenses, and legacy goals.Choose the right policy type – Term, whole, or
Disability Insurance: Don’t Count on Uncle Sam if You’re Disabled
Story at-a-glance Federal disability benefits are minimal – The average payout is only $1,358/month, not even 10% of a doctor’s typical income.Approval is slow and difficult – Fewer than 1 in 3 are approved on first try, and appeals can take 2+ years.Doctors have higher-than-average risk –