{"id":317428,"date":"2025-11-15T13:39:13","date_gmt":"2025-11-15T20:39:13","guid":{"rendered":"https:\/\/www.whitecoatinvestor.com\/?page_id=317428"},"modified":"2026-04-06T14:13:50","modified_gmt":"2026-04-06T20:13:50","slug":"physician-life-insurance-quotes","status":"publish","type":"page","link":"https:\/\/www.whitecoatinvestor.com\/physician-life-insurance-quotes\/","title":{"rendered":"Physician Life Insurance Quotes for Doctors"},"content":{"rendered":"<section class=\"hero life-insurance\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto hero-content\">\n<h1>Life Insurance Quotes for Doctors<\/h1>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"mt-3\">If there is anybody in your life who depends on your income besides you, you need life insurance. Even if you have a life insurance policy already, you should confirm it's the kind and amount of life insurance that you really need.<\/p>\n<p>Doctors should buy term life insurance for the longest term you need (until you become financially independent). The default option should be 30 years. Level premium means the premiums never go up. So you may pay $100 a month for $1 Million in insurance.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"white\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2 class=\"text-darkblue\">Term Life Insurance Is a Commodity<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p><a name=\"recommended-agents\"><\/a><\/p>\n<p class=\"mt-3\">This isn't <a href=\"\/what-you-need-to-know-about-disability-insurance\" target=\"_blank\" rel=\"noopener\">disability insurance<\/a> where the definition of &#8220;dead&#8221; is all-important. With life insurance, you're either dead, or you're not. By law, you have to buy life insurance from an agent, but you don't necessarily have to buy it from a \u201ccaptive\u201d agent\u2014that is, one that is employed by a single insurance company. You can buy it from an &#8220;independent&#8221; agent that can sell you a policy from any insurance company. WCI has partnered with agents where you can get a life insurance quote from multiple reputable carriers. They are trusted partners and have worked with thousands of white coat investors over the years.<\/p>\n<div class=\"eyebrow my-5\">Best Life Insurance Companies for Doctors<\/div>\n<div class=\"ins-boxes cat-life\">\n\n  <div class=\"row lenderbox\">\n    <div class=\"col-xl-4 col-lg-3 ps-lg-0 text-center\">\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/docinsure\" target=\"_blank\" rel=\"noopener\" class=\"d-block\">\n        <img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"112\" src=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2023\/06\/docinsure-logo-Matthew-Wiggins.png\" class=\"mb-4\" alt=\"\" srcset=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2023\/06\/docinsure-logo-Matthew-Wiggins.png 450w, https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2023\/06\/docinsure-logo-Matthew-Wiggins-300x75.png 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/>      <\/a>\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/docinsure\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary mb-3 me-2 me-lg-1\">Website<\/a>\n\t\t\t<a href=\"https:\/\/www.whitecoatinvestor.com\/partner\/doc-insure-llc\/\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary-outline mb-3\">More Info<\/a>    <\/div>\n    <div class=\"col-xl-8 col-lg-9 pe-lg-0 mt-4 mt-lg-0\">\n      <h3 class=\"text-blue\">Doc Insure LLC<\/h3>\n      <p>You can get cheap term life insurance anywhere, so how do you know where to get it and who can best help you to make the best choice? Life insurance is not just about price and there are several other key factors to getting the policy that best fits your needs and can protect you and your loved one's as your needs change. At Doc Insure, founder Matthew Wiggins brings his nearly 20 years of experience of educating and working with over 15,000 doctors to cater recommendations to you personally, based on more factors than just price. Get your term life insurance done right, the first time through Doc Insure!<\/p>\n<p>Request your quotes today!<\/p>\n      <ul class=\"mb-0\">\n                  <li><b>Location: <\/b><br>1320 Main Street, Suite 300<br \/>\nColumbia, SC 29201\n<\/li>\n                  <li><b>Phone: <\/b>(855) DI4-DOCS ext. 101<\/li>\n                  <li><b>Contact: <\/b><a href=\"mailto:matt@docinsure.com?subject=Question%20from%20a%20WCI%20reader\">matt@docinsure.com<\/a><\/li>\n               \n      <\/ul>\n    <\/div>\n  <\/div>\n\n\n  <div class=\"row lenderbox\">\n    <div class=\"col-xl-4 col-lg-3 ps-lg-0 text-center\">\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/insuringincome\" target=\"_blank\" rel=\"noopener\" class=\"d-block\">\n        <img decoding=\"async\" src=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2023\/01\/insuring-income.svg\" class=\"mb-4 h-100\" alt=\"Insuring Income\" \/>      <\/a>\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/insuringincome\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary mb-3 me-2 me-lg-1\">Website<\/a>\n\t\t\t<a href=\"https:\/\/www.whitecoatinvestor.com\/partner\/insuring-income\/\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary-outline mb-3\">More Info<\/a>    <\/div>\n    <div class=\"col-xl-8 col-lg-9 pe-lg-0 mt-4 mt-lg-0\">\n      <h3 class=\"text-blue\">Insuring Income<\/h3>\n      <p>We have helped hundreds of physicians and white collar professionals lock in high-quality term life insurance to provide for their families, business partners, and those they hold dear. And, without any \u201cwhole life\u201d noise, not our style.<\/p>\n<p>As independent brokers, we work with all the major life insurance carriers that are A rated or higher by AM Best\u00ae. We will help you develop a term. or laddered term, life insurance solution that provides for those you care about and ensures you are not spending more money than you need to for the protection you want. Our instant quote tool is available at our site and requires no personal information to start your price research. Or, please reach out to us directly for a free consultation.<\/p>\n      <ul class=\"mb-0\">\n                  <li><b>Location: <\/b><br>1 Kilby Street<br \/>\nUnit 41<br \/>\nWoburn, MA 01801\n<\/li>\n                  <li><b>Phone: <\/b>(781) 613-2104<\/li>\n                  <li><b>Contact: <\/b><a href=\"mailto:info@insuringincome.com?subject=Question%20from%20a%20WCI%20reader\">info@insuringincome.com<\/a><\/li>\n               \n      <\/ul>\n    <\/div>\n  <\/div>\n\n\n  <div class=\"row lenderbox\">\n    <div class=\"col-xl-4 col-lg-3 ps-lg-0 text-center\">\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/benowitz\" target=\"_blank\" rel=\"noopener\" class=\"d-block\">\n        <img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"181\" src=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2025\/03\/d4d755a3-7b3e-4f68-ad7d-5b08fbd91ee7.png\" class=\"mb-4\" alt=\"\" srcset=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2025\/03\/d4d755a3-7b3e-4f68-ad7d-5b08fbd91ee7.png 450w, https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2025\/03\/d4d755a3-7b3e-4f68-ad7d-5b08fbd91ee7-300x121.png 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/>      <\/a>\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/benowitz\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary mb-3 me-2 me-lg-1\">Website<\/a>\n\t\t\t<a href=\"https:\/\/www.whitecoatinvestor.com\/partner\/jeffrey-benowitz-clu-chfc\/\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary-outline mb-3\">More Info<\/a>    <\/div>\n    <div class=\"col-xl-8 col-lg-9 pe-lg-0 mt-4 mt-lg-0\">\n      <h3 class=\"text-blue\">Jeffrey Benowitz CLU, ChFC <\/h3>\n      <p>In my 30-year career, I have assisted clients in implementing life insurance death benefits exceeding $1,200,000,000. With extensive expertise in the life insurance space, I can access insurance companies that align with your needs and budget. I am committed to educating you on the appropriate insurance amount, determined by assessing your human life economic value. Together, we will establish the optimal timeframe for your insurance and assess if any policy riders are suitable. I look forward to collaborating with you to secure the future for both you and your family.<\/p>\n      <ul class=\"mb-0\">\n                  <li><b>Location: <\/b><br>52 Forest Avenue<br \/>\nParamus, NJ 07652\n<\/li>\n                  <li><b>Phone: <\/b>(201) 843-7700<\/li>\n                  <li><b>Contact: <\/b><a href=\"mailto:info@jeffbenowitz.com?subject=Question%20from%20a%20WCI%20reader\">info@jeffbenowitz.com<\/a><\/li>\n               \n      <\/ul>\n    <\/div>\n  <\/div>\n\n\n  <div class=\"row lenderbox\">\n    <div class=\"col-xl-4 col-lg-3 ps-lg-0 text-center\">\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/mdfinancial\" target=\"_blank\" rel=\"noopener\" class=\"d-block\">\n        <img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"150\" src=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2023\/01\/MD-Disability-Quote-Logo-450x150-1.png\" class=\"mb-4\" alt=\"\" srcset=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2023\/01\/MD-Disability-Quote-Logo-450x150-1.png 450w, https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2023\/01\/MD-Disability-Quote-Logo-450x150-1-300x100.png 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/>      <\/a>\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/mdfinancial\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary mb-3 me-2 me-lg-1\">Website<\/a>\n\t\t\t<a href=\"https:\/\/www.whitecoatinvestor.com\/partner\/md-disability-quotes\/\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary-outline mb-3\">More Info<\/a>    <\/div>\n    <div class=\"col-xl-8 col-lg-9 pe-lg-0 mt-4 mt-lg-0\">\n      <h3 class=\"text-blue\">MD Disability Quotes<\/h3>\n      <p>As the longest-tenured White Coat Investor-recommended insurance agency, we deliver coverage the WCI way: we listen to you and your family's needs, then find carriers that offer the best value and reliable claims performance. We never favor a single company\u2014we shop the marketplace to secure the right coverage at the most competitive rate.<\/p>\n      <ul class=\"mb-0\">\n                  <li><b>Location: <\/b><br>5555 West Loop South, Suite 500<br \/>\nBellaire, TX 77401\n<\/li>\n                  <li><b>Phone: <\/b>(281) 770-8080<\/li>\n                  <li><b>Contact: <\/b><a href=\"mailto:Info@MDDisabilityQuotes.com?subject=Question%20from%20a%20WCI%20reader\">Info@MDDisabilityQuotes.com<\/a><\/li>\n               \n      <\/ul>\n    <\/div>\n  <\/div>\n\n\n  <div class=\"row lenderbox\">\n    <div class=\"col-xl-4 col-lg-3 ps-lg-0 text-center\">\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/wbw\" target=\"_blank\" rel=\"noopener\" class=\"d-block\">\n        <img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"150\" src=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2026\/01\/Well-Being-Insurance-Strategies-450-x-150-px.png\" class=\"mb-4\" alt=\"\" srcset=\"https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2026\/01\/Well-Being-Insurance-Strategies-450-x-150-px.png 450w, https:\/\/www.whitecoatinvestor.com\/wp-content\/uploads\/2026\/01\/Well-Being-Insurance-Strategies-450-x-150-px-300x100.png 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/>      <\/a>\n      <a href=\"https:\/\/www.whitecoatinvestor.com\/dia\/ab\/wbw\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary mb-3 me-2 me-lg-1\">Website<\/a>\n\t\t\t<a href=\"https:\/\/www.whitecoatinvestor.com\/partner\/well-being-wealth-strategies\/\" target=\"_blank\" rel=\"noopener\" class=\"btn btn-primary-outline mb-3\">More Info<\/a>    <\/div>\n    <div class=\"col-xl-8 col-lg-9 pe-lg-0 mt-4 mt-lg-0\">\n      <h3 class=\"text-blue\">Well-Being Insurance Strategies<\/h3>\n      <p>Providing tailored life insurance solutions designed to protect the unique financial risks faced by doctors. With over 20 years of experience working with medical professionals, we are a trusted ally in guarding their financial future. We are here to help ensure that you and your family are supported through life\u2019s unexpected moments.<\/p>\n<p>Dustin Peltier, President of Well-Being Insurance Strategies, is a Financial Advisor and CERTIFIED FINANCIAL PLANNER who excels in educating his clients, simplifying options, and allowing them to make decisions that best align with their personal and professional goals throughout each stage of their careers.<\/p>\n      <ul class=\"mb-0\">\n                  <li><b>Location: <\/b><br>10900 Wayzata Blvd<br \/>\nSuite 730<br \/>\nMinnetonka, MN 55305\n<\/li>\n                  <li><b>Phone: <\/b>(612) 816-1901<\/li>\n                  <li><b>Contact: <\/b><a href=\"mailto:dustinp@well-beingwealth.com?subject=Question%20from%20a%20WCI%20reader\">dustinp@well-beingwealth.com<\/a><\/li>\n               \n      <\/ul>\n    <\/div>\n  <\/div>\n\n<\/div>\n<script>\njQuery(document).ready(function() {\n  var parent = jQuery('div.ins-boxes.cat-life');\n  var divs = parent.children();\n  while (divs.length) {\n    parent.append(divs.splice(Math.floor(Math.random() * divs.length), 1)[0]);\n  }\n});\n<\/script>\n\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"darkblue text-white\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2>How Much Life Insurance Do Doctors Need?<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"mt-3\">Deciding <a class=\"white\" href=\"\/how-much-life-insurance-do-i-need\/\" target=\"_blank\" rel=\"noopener\">how much life insurance to buy<\/a> requires you to do some rudimentary math, but most doctors end up with between $1 million and $5 million.<\/p>\n<p>Follow these steps to figure out how much you need:<\/p>\n<ol>\n<li>Determine how much income your loved one(s) would need going forward if you died today. First, calculate your monthly expenses and multiply that by 12 to get your annual expenses. Now, multiply that by 25. That will provide a nest egg for them to live off of for the rest of their lives.<\/li>\n<li>Now, look at your latest mortgage statement. Add on the amount you still owe to the nest egg number from above. If you are currently renting, take a look at what the house you would like your loved ones to live in would cost to buy with cash. Use that amount instead.<\/li>\n<li>Next, consider how much you would like to have for your children\u2019s education. If you plan to pay for the entire experience, plan on $50,000\u2013$200,000 per child.<\/li>\n<li>Now, consider any other large-ticket items there may be, such as your spouse\u2019s student loans, the mortgage on a vacation home, or any other debts. Remember that most student loans are forgiven if you die.<\/li>\n<li>Add it all together. Subtract your current nest egg and college savings from it. Now, round up to the nearest $1 million.<\/li>\n<\/ol>\n<p class=\"mt-3\">That\u2019s how much term life insurance you should buy.<\/p>\n<p>Is the number between $1 million and $5 million? Good. Don\u2019t worry about buying a little too much. Term life is cheap, and it\u2019s better to have a little too much (especially when future inflation comes into play) than not enough.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"white\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2 class=\"text-darkblue\">Term vs. Permanent Life Insurance<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"mt-3\">There is only a limited period of time where you will need life insurance, and the least expensive way to pay for that need is to buy what is called \u201cterm\u201d insurance.<\/p>\n<p>Term insurance only pays out if the policyholder dies during a specific term. There are other types of insurance, collectively called \u201cpermanent\u201d insurance, that will pay out whenever the insured dies, whether that is at age 30 or age 90.<\/p>\n<p>You\u2019ve likely heard of \u201cWhole Life Insurance\u201d before. That\u2019s a type of permanent life insurance.<\/p>\n<p>Most doctors <a href=\"\/what-you-need-to-know-about-whole-life-insurance\/\" target=\"_blank\" rel=\"noopener\">should not buy whole life insurance<\/a>.<\/p>\n<p>Permanent insurance costs a lot more than term insurance (often up to 10x more) because it guarantees that if you keep paying the premiums, your heirs will get the death benefit eventually.<\/p>\n<p>To make matters worse, permanent insurance has an almost endless number of variations and has a veritable army of salespeople working their tails off to sell as much of it to you as you will buy, using dozens of well-honed sales techniques.<\/p>\n<p>For the vast majority of doctors and other high-income professionals, buying any permanent insurance policy is optional at best\u2014and probably a financial error.<\/p>\n<p>If you wish to add on a permanent life insurance policy at some point down the road, be sure you understand exactly what you are buying and that you are committed to holding it until death.<\/p>\n<p>Either way, you need some term insurance.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"how-long-term-life text-white\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2>How Long of a Term Should Doctors Buy?<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"mt-3\">The idea with buying <a class=\"white\" href=\"\/term-life-insurance\/\" target=\"_blank\" rel=\"noopener\">term life insurance<\/a> is that you need to save and invest enough money every year to eventually become financially independent. In order to decide how long of a term you need, you need to know roughly when you expect to be financially independent.<\/p>\n<p>This will require another financial calculation. If you don\u2019t have the ability or desire to make this calculation, buy a 30-year level-term policy.<\/p>\n<p>That gives you 30 years to learn how to make this calculation, and hopefully, you\u2019ll learn it a lot sooner than that. It might cost you a little extra, but since you can\u2019t really buy a term longer than 30 years, at least you won\u2019t come up short.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"white\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2 class=\"text-darkblue\">How to Calculate Length of Term Needed<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"mt-3\">If you would like to learn how to do this calculation, it\u2019s not that hard. Open a spreadsheet, such as Microsoft Excel, and input a calculation called \u201cNPER.\u201d You will need to input a few variables.<\/p>\n<p>Here\u2019s how to do it:<\/p>\n<p><b>NPER<\/b> is the \u201cnumber of periods,\u201d i.e., number of years, until you reach your financial goal. This is the solution of the equation.<\/p>\n<p><b>RATE<\/b> is the first variable and is the annualized rate of return on your investments. Adjusted for inflation, we think 5% is a reasonably conservative number, and that\u2019s what we would recommend using in this calculation.<\/p>\n<p><b>PMT<\/b> is the second variable and is the payment, or the amount of money, you intend to save for retirement each year. When you enter it into this calculation, this is a negative number, so put a minus sign in front of it.<\/p>\n<p><b>PV<\/b> is the present value, i.e., the current size of your nest egg. It is also a negative number.<\/p>\n<p><b>FV<\/b> is the future value, i.e., the amount of money in today\u2019s dollars you need to retire. To get this, estimate how much income you will need per year in retirement and multiply it by 25. This is a positive number in the equation.<\/p>\n<p>Type is either a 1 or a 0, depending on whether you will be adding the payment at the beginning of the period (a 1) or at the end (a 0). It doesn\u2019t matter all that much for the purposes of this equation.<\/p>\n<p>So, let\u2019s say you want $100,000 per year to live on in retirement, and you are saving $40,000 per year toward retirement. How long will it take you to get there? Here is what you would put into the spreadsheet:<\/p>\n<p><span class=\"text-blue h4\" style=\"word-wrap: break-word;\">=NPER(5%,-40000,0,100000*25,0)<\/span><\/p>\n<p>The solution is 29 years. So if that is you, buy a 30-year term policy.<\/p>\n<p>However, let\u2019s say you are a bit more frugal and you already have $100,000 saved for retirement. You plan to save $60,000 per year and can live on $80,000 per year in retirement. What would your equation look like?<\/p>\n<p><span class=\"text-blue h4\" style=\"word-wrap: break-word;\">=NPER(5%,-60000,-100000,80000*25,0)<\/span><\/p>\n<p>The solution here is 22 years. A 25-year term policy ought to be adequate.<\/p>\n<p>What if someone is already well into their career but still needs life insurance? Let\u2019s imagine someone who already has $1 million and is saving $50,000 per year but wants $100,000 in retirement income. How long should their life insurance term be?<\/p>\n<p><span class=\"text-blue h4\" style=\"word-wrap: break-word;\">=NPER(5%,-50000,-1000000,100000*25,0)<\/span><\/p>\n<p>The solution here is 11 years, so a 10- or 15-year term is probably adequate.<\/p>\n<p>As you can see, these equations don\u2019t require a precise calculation. If you\u2019re not sure about a variable, just guess and then round up. These are not irrevocable decisions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"gray\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2 class=\"text-darkblue\">How to Buy Term Life Insurance<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"mt-3\">Term life insurance is essentially a commodity. For the most part, it is a simple product. You pay a premium once a year, and if you die during that year, you get the face value of the insurance policy from the insurance company. If you don\u2019t die, you don\u2019t get anything.<\/p>\n<p>Any reasonably financially secure insurance company is going to be able to pay out if you die, so you shouldn\u2019t spend a great deal of time, effort, and money trying to get a policy from a \u201cbetter\u201d company. It all works fine.<\/p>\n<p>You want the cheapest policy for the money.<\/p>\n<p>If you are very healthy, this is a simple process. You simply go to an online site using software such as Compulife which will provide you quotes from dozens of insurance companies without requiring any personal information. You then print out the list of quotes, go to an independent agent (i.e., one who can sell you a policy from any company), and ask them to sell you the least expensive policy for the face amount and term you have already decided on. It is that simple.<\/p>\n<p>You can also use our list of recommended insurance agents that have been vetted by WCI and that are sure to treat you well.<\/p>\n<p>If you are not healthy or you engage in dangerous hobbies (such as flying, skydiving, scuba diving, or climbing), it gets a little more complicated. Here is where the independent insurance agent really earns their commission. They will have to informally \u201cshop you around\u201d to the various companies to see which one will give you the best price.<\/p>\n<p><a class=\"btn btn-primary\" href=\"#recommended-agents\">See Recommended Agents<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"white\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2 class=\"text-darkblue\">How to Avoid Getting Sold Permanent Life Insurance<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"my-3\">Most, if not all, insurance agents who you go to for term life insurance will attempt, at least briefly, to <a href=\"\/debunking-the-myths-of-whole-life-insurance\/\" target=\"_blank\" rel=\"noopener\">sell you a permanent life insurance policy<\/a>. It is best to be politely persistent.<\/p>\n<p>A phrase like, \u201cI am here today to buy term life insurance only. If you treat me well today, I may be back at a later date to purchase permanent life insurance from you. But that date is not today.\u201d<\/p>\n<p>Better yet, just use an agent off our recommended list and you won't have that pressure.<\/p>\n<h2 class=\"text-darkblue\">Next Steps for Getting a Life Insurance Quote<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<p class=\"mt-3\">If you do not have life insurance (and are not financially independent), take action today. You\u2019ve got this!<\/p>\n<ol>\n<li>Calculate how much you need and for how long, using the calculations above.<\/li>\n<li>Make an appointment with an independent life insurance agent to purchase a policy.<\/li>\n<li>If you already have life insurance, run the two calculations to ensure you have enough and that it will last long enough. You may find you need to buy some more, but you might also find out you no longer need your policy and can cancel it.<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"gray\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-lg-10 col-xl-9 mx-auto\">\n<h2 class=\"text-darkblue\">Additional Resources<\/h2>\n<div class=\"headline-underscore\"><\/div>\n<ul class=\"link-list\">\n<li><a href=\"\/whole-vs-term-life-insurance\/\" target=\"_blank\" rel=\"noopener\">Term vs. Whole Life Insurance<\/a><\/li>\n<li><a href=\"\/appropriate-uses-of-permanent-life-insurance\/\" target=\"_blank\" rel=\"noopener\">When Is Permanent Life Insurance a Good Idea?<\/a><\/li>\n<li><a href=\"\/how-to-dump-your-whole-life-policy\/\" target=\"_blank\" rel=\"noopener\">How to Cancel Your Whole Life Insurance Policy<\/a><\/li>\n<li><a href=\"\/term-life-insurance-strategies-for-physicians\/\" target=\"_blank\" rel=\"noopener\">Advanced Term Life Insurance Strategies<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"blue-w\">\n\t<div class=\"container\">\n\t\t<div class=\"row justify-content-center\">\n\t\t\t<div class=\"col-lg-4 text-center text-lg-start\">\n\t\t\t\t<h2 class=\"text-white mb-4\">Become a White Coat Investor<\/h2>\n\t\t\t\t<p>Medical school may not have taught you about money, but we will.<\/p>\n\t\t\t\t<p class=\"d-none d-lg-block\"><em>We will never sell your information. Modify your preferences or unsubscribe at any time.<\/em><\/p>\n\t\t\t<\/div>\n\t\t\t<div class=\"col-lg-4\">\n\t\t\t\t<div class=\"signup-form-container bg-white p-4 text-darkgray\">\n\t\t\t\t\t<form id=\"BlueSignup\" class=\"mb-0\" data-sv-form=\"5262095\">\n\t\t\t\t\t\t<input type=\"text\" name=\"email_address\" class=\"large gray mb-4 w-100\" placeholder=\"Your Email Address\" id=\"EmailInput\" \/>\n\t\t\t\t\t\t<fieldset data-group=\"checkboxes\" class=\"formkit-4499\" type=\"Custom\" order=\"1\" save_as=\"Tag\" group=\"field\">\n\t\t\t\t\t\t\t<div class=\"form-check\">\n\t\t\t\t\t\t\t\t<input class=\"form-check-input form-tags-checkbox\" type=\"checkbox\" id=\"BlueSignupBlogCx\" value=\"1061729\" name=\"tags[]\">\n\t\t\t\t\t\t\t\t<label class=\"form-check-label\" for=\"BlueSignupBlogCx\">\n\t\t\t\t\t\t\t\t\tDaily Blog Posts\t\n\t\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"form-check\">\n\t\t\t\t\t\t\t\t<input class=\"form-check-input form-tags-checkbox\" type=\"checkbox\" id=\"BlueSignupMoNewsCx\" value=\"1061731\" name=\"tags[]\">\n\t\t\t\t\t\t\t\t<label class=\"form-check-label\" for=\"BlueSignupMoNewsCx\">\n\t\t\t\t\t\t\t\t\tMonthly Newsletter\t\n\t\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"form-check\">\n\t\t\t\t\t\t\t\t<input class=\"form-check-input form-tags-checkbox\" type=\"checkbox\" id=\"BlueSignupRECx\" value=\"1062426\" name=\"tags[]\">\n\t\t\t\t\t\t\t\t<label class=\"form-check-label\" for=\"BlueSignupRECx\">\n\t\t\t\t\t\t\t\t\tReal Estate Investment Opportunities and Newsletter\n\t\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"form-check\">\n\t\t\t\t\t\t\t\t<input class=\"form-check-input form-tags-checkbox\" type=\"checkbox\" id=\"BlueSignupBlogSummaryCx\" value=\"1061730\" name=\"tags[]\">\n\t\t\t\t\t\t\t\t<label class=\"form-check-label\" for=\"BlueSignupBlogSummaryCx\">\n\t\t\t\t\t\t\t\t\tBlog Post Summaries (Weekly)\t\n\t\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/fieldset>\n\t\t\t\t\t\t<input type=\"submit\" class=\"btn btn-primary mt-3\" value=\"Subscribe\">\n\t\t\t\t\t<\/form>\n\t\t\t\t\t<div id=\"BlueSignupThanks\">\n\t\t\t\t\t\t<h5 class=\"eyebrow\">Success!<\/h5>\n\t\t\t\t\t\t<p>Get ready to take control of your financial life. You can do this, and we can help.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<p class=\"d-lg-none text-center mt-3\"><em>We won't sell your information. 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Doctors should buy term life insurance for the [&hellip;]","protected":false},"author":1009043,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-blank.php","meta":{"_acf_changed":false,"_wp_convertkit_post_meta":{"form":"-1","landing_page":"0","tag":"0","restrict_content":"0"},"footnotes":""},"class_list":["post-317428","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Physician Life Insurance Quotes for Doctors | White Coat Investor<\/title>\n<meta name=\"description\" content=\"Doctors protect those who count on you with life insurance. 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