Do I need personal life insurance if I have coverage through my practice?
Group life insurance through your practice is typically limited to one to two times your salary and is not portable — if you leave or the practice changes carriers, you lose it. For most physicians, the right answer is a combination of group coverage for base protection and an individual policy that travels with you, matches your actual income replacement needs, and is structured around your family situation, debt obligations, and practice ownership interests. We review both layers together.
- Category
- Personal Insurance
- Audience
- All audiences
- Topic
- General
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