Life Insurance for Doctors, Physicians & Surgeons commonly includes Total and Permanent Disability (TPD) cover, Income Protection Insurance, Trauma Insurance (referred to by some also as Critical Illness Insurance), and Death Cover, and may include a “Needlestick Benefit” to address risks from occupational bloodborne diseases like Hepatitis.
Experien Insurance Services help many medical practitioners to arrange and manage their life insurance cover. Most importantly, we help to lodge claims and below we share some of the claims that have been paid recently by insurers for some of our medical clients working in the private and public sector.
Life insurance claims for Doctors can provide an ongoing income replacement cash flow or a lump sum payment offering some financial security for the Doctor, their family and possibly their business or practice if they work in the private sector. Medical practitioners, particularly those who own practices, may consider Business Expenses Insurance or Fixed Business Expenses disability insurance to cover ongoing costs if they are unable to work.
- A Doctor aged in their 40s with a claim for Income Protection insurance because of Brain illness for an amount of over $100k
- A Doctor aged in their 50s with a claim for Income Protection insurance because of a broken bone
- A Doctor aged in their 50s with a claim for Income Protection insurance because of a broken bone
- A General Practitioner aged in their 60s with a claim for Income Protection insurance because of Parkinsons Disease for an amount of over $1m
- A General Practitioner aged in their 50s with a claim for TPD insurance because of Arthritis for an amount of over $1m
- A General Practitioner aged in their 60s with a claim for Trauma Insurance because of a stroke for an amount of several hundred thousand dollars
- A General Practitioner aged in their 50s with a claim for Income Protection insurance because of a Broken bone
- A Medical specialist with a claim for Disability insurance for Business Expenses because of Cancer for an amount of several hundred thousand dollars
- A Medical specialist aged in their 30s with a claim for Income Protection insurance because of Back surgery
- A second medical specialist aged in their 30s with a claim for Income Protection insurance because of a Broken bone
- A Medical specialist aged in their 60s with a claim for Income Protection insurance because of Broken bone
- A Medical specialist aged in their 30s with a claim for Income Protection insurance because of Broken bone
- A Medical specialist aged in their 40s with a claim for Income Protection insurance because of Broken bone
- A Medical specialist aged in their 50s with a claim for Income Protection insurance because of a Circulatory problem
- Another Medical specialist aged in their 50s with a claim for Income Protection insurance because of a Circulatory problem
- A Medical specialist aged in their 40s with a claim for Income Protection insurance because of a car accident
If you are not an existing client, and want to find out how we can add value to any existing cover you may have or new cover you may need, then contact us to arrange a complimentary review that comes with no obligations by clicking the link below.
This is general information and limited in its scope. If you are considering buying or replacing a Life Insurance policy then contact us to arrange a review for you. We can consider your individual circumstances, goals and needs and recommend a suitable insurer, product and structure to use. Experien Insurance Services work with several insurers and have extensive experience in helping to arrange claims.
At the time of writing, Life insurance and Financial Advice services are provided by Experien Insurance Services Pty Ltd (EIS) ABN 99 128 678 937 and Experien Financial Services Pty Ltd (EFS) ABN 32 631 346 757. EIS and EFS are a Corporate Authorised Representative (No. 320626 and No. 1274354) Count Financial Limited ABN 19 001 974 625, AFSL 227232. See our website for our Financial Services Guide and latest AFSL arrangements. Always read the Product Disclosure Statement issued by an Insurer before considering insurance.
