TPD Insurance 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.
Income protection forms part of the solution, especially if the disability is only temporary, but what happens if you suffer an injury or illness so serious that you can never return to work?
TPD insurance will pay you a lump sum in the event that you are deemed unlikely to ever be able to return to work. The funds can be used for any purpose you see fit, but are often used to extinguish debt and pay for home and vehicle modifications that may be required depending on the level of disability.
You have sacrificed a lot to get to where you are today, so why risk that lifestyle and level of comfort? TPD insurance is an affordable and very effective way of protecting both yours and your family’s financial future.
The experts at Dr Insurance can help put together a comprehensive yet affordable insurance package that will help to secure the financial security of your family in the event that you can no longer work.
What is it?
When does it pay?
If you become totally and permanently disabled, and therefore no longer able to work.
What does it pay?
A lump sum amount, determined upfront by you and your adviser.
Who should have it?
Doctors with debts to clear and/or a family to support.
How much is it?