Episode 169: “I Love You” Insurance: Protecting Your Loved Ones with Term Life

Life insurance isn’t something we buy for ourselves—it’s an act of love and protection for those who depend on us. This episode answers a listener’s question: How much life insurance is recommended?

This episode dives deeper into how to determine the right amount of coverage based on your personal circumstances—whether you’re single, married, or raising a family. Dr. Elisa Chiang shares real-world examples and walks through different strategies for determining how much term life insurance a physician should consider, including:

✅ The difference between term and permanent life insurance

✅ When you actually don’t need coverage

✅ Why physicians should often opt for term life over permanent policies

✅ Three different methods to calculate how much coverage to buy

✅ How to “ladder” life insurance policies for cost savings and flexibility

✅ Real-life case study of a physician family

Whether you’re just starting out in your career or well into attending life, this episode will help you feel more confident making decisions about protecting your family's future.

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Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

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