Specialist Wealth

Insurance

Comprehensive Personal Risk Insurance for Doctors

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Doctors face unique and complex risks that generic insurance policies simply don’t address, from varied income streams and specialty-specific exposures to changing needs across every stage of a medical career. Default cover, particularly within superannuation, often falls short of adequately protecting true income, debt levels, and lifestyle. Our hands-on, relationship-based approach provides tailored insurance solutions through a dedicated adviser who understands your roster, income mix, and goals, delivers bespoke policy structuring, conducts proactive reviews, and advocates on your behalf at claim time, ensuring you’re protected when it matters most.

Our End-to-End Insurance Process

1

Discover & Design

We begin with a confidential consultation to understand your income structure, debts, dependants, career stage, and specialty-specific risks, then compare insurers and design tailored cover options.

2

Underwrite & Implement

We manage the entire underwriting process, including applications, medicals, financials, and insurer negotiations, ensuring policies are correctly structured, owned, and funded.

3

Review & Advocate

Your cover is reviewed annually and updated as your life and career evolve, with dedicated claims advocacy to manage paperwork, liaise with insurers, and support you through to resolution.

Personal & Business Risk Insurance for Medical Professionals

We provide comprehensive risk insurance solutions designed specifically for doctors and practice owners, covering personal protection and business continuity. This includes Life and Total & Permanent Disability (TPD) insurance to safeguard your family and financial commitments, Trauma/Critical Illness cover to protect against serious health events, and Income Protection to secure your earnings if you’re unable to work. For practice owners, we also offer Business Expenses cover to ensure your practice can continue operating smoothly if illness or injury disrupts your ability to generate income.

  • Protects family, debts, and estate plans
  • Lump sum on death or terminal illness
  • Doctor-focused structuring: focusing of tax efficiencies and ease of claim if required.

  • Lump sum if you can’t work again as defined
  • Own-occupation for Medical, Dental, Veterinary and Allied health practitioners
  • Doctor-focused structuring: focusing of tax efficiencies and ease of claim if required.

  • Lump sum on diagnosis of major conditions
  • Bridges out-of-pocket medical costs and income disruption
  • Comprehensive definitions, partial payments, buy-back options

  • Monthly benefit if sickness/injury impacts you from being able to work
  • Up to 75% of income (insurer limits apply)
  • Options: waiting periods, benefit periods, agreed vs indemnity, coverage of variable income, indexation, super contributions & others

  • Reimburses up to 100% of fixed business costs if you’re unable to work
  • Covers rent, utilities, staff wages, equipment leases, admin/software
  • Ideal for practice owners and specialists with high fixed overheads
  • Doctor-focused structuring: definitions aligned to your specialty

  • Map overheads, stress-test cashflow
  • Integrate with buy/sell agreements and key person cover
  • Annual reviews as your practice evolves