Why Long-Term Care Insurance is Important to Doctors

more+
less-

One commonly overlooked area a doctor’s personal planning is the possibility that you or a loved one

may need long-term care (LTC) as a result of age, illness, or accidents. In cases where such care is

required, the financial impact can be devastating.

For help in this area I turned to two experts. The first is Jonathan Smith, a medical specialist in San

Diego who knows what this type of care costs and who now provides education and coverage to

physician clients and their advisors. The insurance alone is reason enough, but some coverage options

have extra benefits and are also both creditor-protected by law and have a return of premium guarantee

if you never need it. Interestingly, many physicians often neglect this area of their own planning despite

their knowledge of the potentials costs and risks. Below are some of Dr. Smith's key caveats, tough to

argue with:

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© IKE DEVJI | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×