Income Protection Insurance For Doctors

When your income protection plan covers your chosen specialty over your entire career that s peace of mind.

Income protection insurance for doctors. Specialist protecting specialist choosing an experienced advisor is just as important as choosing the right policy what sets us apart. Doctors gp consultant f1 f2 ct1 2 st 1 2 st 3 7 staff grade clinical fellow gpst1 3 gp locum locum doctors health wellbeing mindfulness yoga mortgages aviva payment protection insurance critical illness cover income protection life insurance finances life cover critical illness coronavirus covid 19 income protection insurance financial freedom. It can be used to cover your core outgoings everything from your mortgage rent bills and utilities to groceries and car running costs. Let s talk about protecting your income.

Life insurance existing customers. Dr smith an nhs doctor has a salary of 40 000 a year. Income protection insurance also known as ip insurance is designed to provide a cushion for individuals if they can t earn an income for any number of specified reasons as set out in their policy. Our income protection insurance goes the extra mile to understand protect and care for the financial well being of australian health professionals.

It pays out a monthly tax free income if anything medically prevents you from working as a doctor. Under the nhs sick pay arrangement she ll receive two months of full pay and a further two months of half pay. 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. 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.

For 32 years we have focused on. She chooses the maximum annual benefit of 23 500 a year or 1 958 33 a month on her income protection. 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. Income protection for doctors surgeons are you a medical professional.

She becomes sick after working for the nhs for 18 months. For self employed doctors unexpected time off can be detrimental. 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.