Feb 1, 2021
Navigating the world of insurance as a physician can be challenging. While insurance is a key part of any comprehensive financial plan, it can be difficult to understand what you need and don’t need, especially since there’s no shortage of “financial advisors” happy to sell you policies. In this episode, we discuss the types of insurance physicians actually need, the purpose each serves, how to think about the “right” amount, and how to go about getting the best price. We also talk about how your insurance needs as a physician evolve throughout your career and in retirement, and where you might want to decrease (or increase) your coverage over time.