Life Insurance Considerations for Doctors

It’s September and that means we are diving into life insurance awareness month!  The reason we need a whole month to raise awareness on this topic is because nobody wants to think about their own mortality; but it’s still important.  In this episode of Financial Clarity for Doctors, Rachelle Vanderzanden and Corey Janoff discuss why, when, and how to explore life insurance. 

In this episode you will hear about:

• Some of the reasons people secure life insurance.
• The process to get life insurance.
• The differences between term life insurance and permanent life insurance.
• Things to think about when securing coverage, such as how much coverage and how long you need it to last.

The goal of this conversation is not to be morbid or pessimistic.  The goal is to consider a plan to make sure if we lose someone unexpectedly, we have less to worry about on the financial side of things and can spend more time focusing on family and healing.  Listen to the full episode to learn more.

For more financial planning tips from Corey and Rachelle, find them on social media!
LinkedIn: @CoreyJanoff and @RachelleVanderzanden; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP and @RachelleFinance 

Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Finity Group, LLC and Cambridge are not affiliated. Cambridge does not offer tax or legal advice.