Income protection, also known as permanent health insurance, pays out a tax-free income in the event of injury or illness.
Your training and skills are your most valuable asset as a dentist and we believe it is essential to protect the investment you have made in yourself. These skills allow you to enjoy the lifestyle you have come to enjoy however long-term illness resulting in a loss of earnings can have a serious impact on your finances and hence why income protection for dentists is something we consider with all our clients.
The level of cover should be sufficient to allow you to maintain adequate standards of living in the short and medium term continuing through to retirement age if necessary. The benefit level is usually between 50%-65% of your income depending on the insurer, with the benefits paid tax-free. These payments will continue to be made until you return to work, retire or die
We endeavour to analyse your situation and your requirements for income protection. We will customise a solution to suit your needs, by offering a number of protection products from a select range of providers