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Ep 161: Ultimate guide to improving your finances 1/2

Medics Money podcast

CHAPTER

Income Protection and Critical Illness

Income protection is designed to replace your income and it's called income protection. critical illness basically this will pay out a lump sum usually a lump sum if you get one of a predefined list of critical illnesses. life insurance is designed to protect against premature death okay so if you were to die early it will pay out an amount which can help your dependents like my children and my wife my family to live. where is the best place for doctors to buy these policies? You just need an advisor that specializes in doctors, avoid salespeople who are advertising on google and masquerading as financial advisors instead use medics money to find an independent financial advisor specializing in doctors to get the right policy

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