Why Long-Term Care Insurance is Important to Doctors


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.

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

Written by:



Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*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. Or, sign up using your email address.