Your Annual Reminder: Review Your Accounts!

It’s the end of the year, and as things slow down and you have more time to reflect on what’s imcommerce 2811003 1280 1024x682portant, don’t forget to review your accounts and policies to make sure everything is in order. Here are some things to consider as the year comes to a close.


  • Do you have the coverage you need?
    Life happens. As a physician, what would you do if you couldn’t work for an extended period of time because of an illness or injury? Review your disability insurance. Which riders you need? Do you have the right amount of coverage? Do you true own occupation? Some employers have group disability coverage, but legally does it protect you in all circumstances?
  • 2. Are your beneficiaries updated?
    Retirement accounts, life insurance policies, annuities, and many other types of financial accounts allow you to name beneficiaries. Do you have your spouse or children listed? To ensure your wishes are followed, it’s essential to have them documented.
  • Is your family protected?
    What would happen to your family if you died? It’s a grim question to ask and even grimmer to think about, yes, but it’s important to acknowledge the “what ifs” to protect your family. What life insurance coverage do you have? Does the amount only cover the cost of your home and auto debt? Is it important for you to get enough coverage so that your family can keep your assets and not be forced to sell them and forfeit your family’s financial goals?


Need help updating information or getting coverage? Let’s schedule a conversation.

Leave a Reply

Your email address will not be published. Required fields are marked *