The purpose of this article is to guide physicians in accessing financial resources and strategies that can help safeguard and grow their wealth while minimizing taxes. Hedge occupational hazards with disability insuranceSome hospitals offer disability insurance, while others do not. 5. Review life insurance policiesDoctors are often underinsured when it comes to life insurance. There are two main categories of life insurance: term insurance and permanent insurance. Term life insurance is initially cheaper and provides coverage for a specific period.

Source: Forbes November 20, 2023 11:02 UTC