Income Protection for Doctors As a doctor, one of your greatest assets besides your knowledge and experience is your ability to earn an income. If you lose the ability to earn an income due to injury or illness, the years of study and dedication could amount to nothing more than a few certificates on the wall. Thankfully there is a solution - income protection. Income protection allows you to protect your income in the event that you are unable to work due to injury or illness. You have sacrificed a lot to get to where you are today, so why risk that lifestyle and level of comfort? Income protection is an affordable and very effective way of protecting both yours and your family's financial future. Extra Benefits for Doctors Many income protection policies will cover up to 75% of your income up to age 65, but selected insurers that we use for income protection will provide doctors with even great levels of protection. Here are a few examples: Benefit period up to age 70 Maximum benefit amount of $60,000 per month Up to 100% income cover for self-employed doctors Agreed value on incomes up to $100,000 without the need for evidence of income Whilst these extra benefits are available to any doctors, it is important to use a financial adviser who knows which insurance provider offers the best features and benefits to suit your own personal needs. Why should you choose us to look after your insurance needs? Our head adviser is Mark Rothnie. Mark has many years of experience in the financial services industry and has assisted many doctors and medical professionals just like you with getting their risk protection needs in place. Mark is fully qualified and licensed, and thanks to his experience with medical professionals he knows the risks you are exposed to and he knows which insurers will offer you the most appropriate protection for your chosen field. If your adviser doesn't know about the important issues that affect you and your insurance, such as splash back, blood or bone inhalation, then it's time to find an adviser who does. Income protection for new doctors As a newly qualified doctor you know that your income is going to increase significantly as time goes by, but right now proving that income may not be so easy. Thankfully one of our insurers, Asteron, offer a policy which provides the following benefits for newly qualified doctors who have been practicing for less than five years: Guaranteed maximum benefit of $6,250 p/m Proof of Income - Waived Mandatory Medicals - Waived (subject to disclosures) This means you can get the insurance you need now, guaranteed at your chosen level without having to worry about proof of income. Click here for an obligation free online quote or call us on 07 3007 6555.

Product Snapshot What is it? Income Protection. When does it pay? When you are unable to work due to injury or illness. What does it pay? A monthly benefit, usually equal to 75% of your income. Who should have it? Doctors who rely on their income to support themself and their family. How much is it? Click here for a free quote Glossary Waiting Period The period of time you must wait before your payments will commence. This can generally vary from 14 days to 2 years depending on your preference. Benefit Period This is the period of time for which you will continue to receive payments for if you are unable to work. Generally this period will be from 2 years through to age 65, however some of our insurers will cover up to age 70. Benefit Amount This is the monthly amount that you are insured for and will receive if you are unable to work. Day 1 Accident Cover This option alllows you to be paid sooner if you off work due to an accident, and will have your benefit back-dated to day 1 rather than having to go through the waiting period. Agreed Value By providing evidence of your income up front the insurer can agree to a fixed amount of cover to be paid in the event of a claim. For doctors, some of our insurers will allow an agreed value on incomes up to $100,000 without the need for evidence.