It may seem like just another added expense to pay each month, but Life and Disability Insurance is a necessity for physicians. We all have a bit of โIt will never happen to meโ syndrome, but this is a case where itโs definitely better to be safe than sorry.
As a physician, you probably carry a hefty student loan balance (unless you’ve paid it off, in that case, congratulations). You also probably make more money than your spouse. If an accident happens and youโre disabled, any debt you have wonโt just disappear โ even though your income may.
