Provider Reviews: Symetra Life Insurance

family couple consultations with a lawyer or insurance agent.

Symetra Life Insurance Company is a well-established insurance provider based in Bellevue, Washington, USA. The company offers a range of life insurance and retirement products, including term life, indexed universal life, and variable universal life insurance policies. We’ll get into all of the details of their offerings, but first let’s look at a brief history … Read more

Understanding Ancillary Insurance Benefits for Physicians

physician-calculating-ancillary-insurance

Physicians generally command substantial salaries, but the paycheck itself is only one component of a physician’s total compensation. Benefits such as retirement accounts/contributions, education reimbursement/repayment, professional development reimbursement, paid time off, and insurance coverages account for a substantial portion of a physician’s compensation. Of these benefits, physicians are sometimes most unfamiliar with the ancillary health … Read more

Locum Tenens Coverage: Disability, Health, Malpractice and More

locum-tenens

Working in medicine is unique in that the title of “physician” means many different things.

Some physicians work around-the-clock shifts in hospital emergency departments. Other physicians operate private practices and focus on primary care or preventative medicine. Some deliver babies, some treat cancer patients, and some perform invasive neuro or cardiac surgeries.

Yet, no matter what type of specialty you’re in, all physicians share one thing in common:

The ability to perform their work anywhere in the world.

Tech experts might be most in-demand in Silicon Valley. Professional actors are more sought after in LA than in Idaho. On the other side of the coin, physicians can work in any and every major city, small town, and rural part of the world.

The vast majority of physicians work full-time jobs in or near the city in which they live. But a growing number of U.S. physicians, approximately 40,000, choose to work locum tenens positions.

Working as a locum tenens physician has many benefits, but before you give up your job search or quit your full-time gig, there’s something you should consider:

What types of insurance will you need?

If you’re considering working locum tenens, here are the top five types of locum tenens insurance coverage you will need.

Read more

How to Avoid or Overcome Life Insurance Fraud

AdobeStock_169557997

There are several types of life insurance fraud. As a policyholder, you need to know what kinds of mistakes or omissions on your application might cause your beneficiary’s claim for benefits to be denied. As a beneficiary, you need to understand how beneficiary designations can be changed fraudulently and how to fight that. Furthermore, this … Read more

Nationwide Life Insurance Review

Nationwide-Life-Insurance-Review

Many people think that life insurance is just another way to leave our heirs some money when we die, a way to provide them a safety net should the family suffer a loss of income.

And while that is the primary reason for having a life insurance policy, it’s certainly not the only one.

Depending on the policy you select, it can also be a tool for retirement planning and long-term financial planning.

But not all life insurance policies are the same. There are many distinctions and variables that can make it hard to choose one.

As part of our continuing series of life insurance provider reviews, today we’re profiling Nationwide.

This Nationwide Life Insurance review can be used as a guide to help you learn more about what types of insurance Nationwide offers and if they are the right insurer for you.

Read more

9 Common Life Insurance Riders that Physicians Should Know

pexels-fauxels-3184465-scaled

When it comes to choosing a life insurance policy, doctors are in a challenging position. Most physicians’ families rely on their income to provide for basic living expenses as well future savings. In the event that a physician passes away, life insurance provides a financial safety net for their loved ones. However, because physicians tend … Read more

3 Ways to Avoid Taxes on Life Insurance Benefits

AdobeStock_297746725-1-scaled

Veronica Baxter | Boonswang Law Firm As a general rule, they do not tax proceeds from a life insurance policy as income to the recipient. Whether the proceeds take the form of death benefits or Accidental Death & Dismemberment (AD&D) benefits to the insured, the IRS does not consider those proceeds income. Accordingly, three scenarios … Read more

Provider Reviews: Pacific Life

pacific-life-insurance-review

There’s more to life insurance than just leaving your heirs a lump sum of money when you die. When managed properly, a life insurance policy can actually build wealth and create tax-free income in retirement.

But with so many different providers out there, how can you be sure you’re choosing the right policy?

Today we’re continuing our ongoing series of Provider Reviews focusing on the various life insurance policies offered through Pacific Life.

Here is our complete review of Pacific Life from the various plans offered to how much it costs.

Read more