Income Protection Insurance Doctors

Income protection specialist takes protecting your income very seriously our job is to make sure that a disability does not stand in the way of your financial security.

Income protection insurance doctors. Income protection and illness cover will replace your working income in the event of you being unable to work. Disability insurance for doctors. There are a number of special considerations to be taken into account when looking at life and income protection insurance for doctors due to the nature of their occupation. When illness injury or litigation prevents you from practising in your own specialty avant s income protection insurance supports you paying a monthly benefit up to 85 including superannuation of your regular income.

In the event of any illness or accidental injury befalling you this cover will replace that income. Income protection for doctors insures a proportion of your wages against the risk of accidents or sickness preventing you from working and earning an income. It can be used to cover your core outgoings everything from your mortgage rent bills and utilities to groceries and car running costs. It pays out a monthly tax free income if anything medically prevents you from working as a doctor.

Income protection is particularly important for doctors given that their professional income could amount to more than 10 million over 30 years based on a 200 000 annual income. Let s talk about protecting your income. Maximum claim payment 75 of income for self employed individuals and 66 66 for paye workers. When your income protection plan covers your chosen specialty over your entire career that s peace of mind.

As a plan designed specifically for new doctors benefits payable in the first 5 years are tailored to specifically fit around the nhs sick pay scheme meaning that when sick pay reduces or stops your income protection benefits will start. Our income protection insurance goes the extra mile to understand protect and care for the financial well being of australian health professionals. Life insurance existing customers. Income protection insurance for doctors.

Features and benefits of income protection. Specialist protecting specialist choosing an experienced advisor is just as important as choosing the right policy what sets us apart.