Does your family depend on your income? If so, do you have enough life insurance to allow your family to maintain their standard of living on just your spouse’s income (if they have one)? And, did you know that there is no Federal Income Tax on the life insurance benefit?
Know the difference between term life and permanent life insurance. Call us to discuss the options available for you and your situation.
Setting up coverage as young as possible will allow you to lock in a desirable rate, as rates are based on age and your health. You may be denied for coverage if you are in poor health.
When purchasing a practice, the lender may require you to carry life insurance in order to cover the loan in the event of your death.