It is not a sexy topic, but it is one of the most important (if not THE most important) topic in personal finance for doctors. Here are the top 10 questions about disability insurance for doctors, and an answer to each. Don’t skip this. It’s important, and that is coming from someone who screwed this up and cannot get disability insurance now.
I told him I needed life insurance. He said sure. He told me I needed disability insurance. I told him no (three times in fact). He asked if I was healthy, and I mentioned a couple of medical problems for which I get treatment. Eventually, though he sold me on the idea of going for it. “What could it hurt to try….” It hurt a lot.
s I was watching one day, it started to amaze me how comfortable the birds were jumping from post to post on the feeder or from branch to branch. Often times at a distance taller than the bird itself. It dawned on me that the reason they are so comfortable taking this risk was because they knew if they made a miscalculation, they had wings. Today, we talk about how side hustles give us wings – and asset protection.
[This is a guest post from Lawrence B. Keller, CFP®, CLU®, ChFC®, RHU®, LUTCF. It is a basic post, but drives home a solid point, which is to discuss how to choose the insurance sales person with which you should work. Given that I’ve had some bad experiences with an insurance salesman myself, I thought … Read more