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As a doctor, you’ve dedicated years to education and training to care for those who need it most. But what happens if illness or injury prevents you from practising? Your ability to earn depends on your health. Without proper protection, a long-term illness can devastate your financial stability overnight.

We specialise in providing income protection for medical professionals. Our tailored policies ensure financial security when you need it most. With over 20 years of experience helping professionals in demanding roles, we understand the unique challenges doctors face.

Income protection gives you peace of mind to focus on recovery rather than financial worries. It safeguards your lifestyle and financial commitments when you’re unable to work.

Get in touch today for a free, no-obligation quote. Call us on 0345 565 0935 or complete our simple online form to secure your financial future.

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What is Income Protection?

Income protection provides a regular income if you’re unable to work due to illness or injury. It’s designed to help you manage financial commitments and maintain your lifestyle during periods of incapacity. This crucial insurance offers financial security beyond standard employer sick pay schemes. We typically offer policies that cover around 60% of your earnings. These policies provide cover for a period you chose. Our specialist advisers will discuss the current cover options and cover periods with you when you enquire.

Income protection differs from critical illness cover, which typically pays a one-off lump sum for specific conditions. Instead, it provides ongoing financial support throughout your recovery period.

We work with numerous insurers to find the most suitable cover at competitive rates. Our expertise ensures your policy aligns perfectly with your specific circumstances, whether you’re an NHS doctor or in private practice.

Why Doctors Need Income Protection

The medical profession carries unique risks. Long hours, high stress, and exposure to illness make doctors particularly vulnerable to health issues. The financial implications of being unable to work can be severe.

NHS-employed doctors benefit from a tiered sick pay scheme that increases with years of service.

After NHS sick pay ends, there is no further employer-provided income. This leaves doctors financially vulnerable, especially if recovery is prolonged. The gap between sick pay ending and returning to work creates significant financial risk.

For private or self-employed doctors, the situation is often more precarious. You may have little or no sick pay entitlement, making income protection particularly important. Without this cover, your financial security depends entirely on personal savings.

Junior doctors face additional challenges. With higher debt levels from medical school and lower initial salaries, they often have minimal financial reserves. Income protection provides essential security during the early years of your career.

How Income Protection For Doctors Works

The cover we offer is specifically tailored to complement existing benefits. For NHS doctors, we can structure your policy to begin payments when your NHS sick pay drops to half or ends entirely. This approach ensures seamless financial protection throughout any period of illness.

Policies can be written on an ‘own occupation’ basis, meaning you’re covered if you cannot work specifically as a doctor. This crucial distinction ensures you won’t be expected to take alternative employment if you’re unable to practice medicine.

For private doctors, income protection can be tailored to your own sick pay entitlement (or lack thereof). We create personalised plans that reflect your unique practice situation, ensuring comprehensive coverage from day one.

The monthly benefit amount is calculated based on your regular income. We help you determine the appropriate level of cover, considering your essential expenses, lifestyle needs, and existing financial commitments.

What Does It Cover?

Income protection for doctors covers a wide range of conditions that might prevent you from working. This includes both physical injuries and illnesses as well as a number of mental health conditions.

Exclusions may apply for pre-existing conditions, self-inflicted injuries, or illnesses relating to drug/alcohol misuse. Our team will help you understand these exceptions and ensure your policy provides the protection you need.

Such policies provide security against the unexpected, ensuring your financial stability isn’t compromised by health challenges.

Other Occupations We Cover

While we specialise in medical professionals, our expertise extends to a wide range of careers. We provide tailored insurance solutions including life insurance, income protection, critical illness cover and mortgage protection. Some other careers we cover:

Why Get Cover with Sports Financial Services

We understand the intricacies of different sick pay arrangements for doctors. This expertise allows us to create the right protection plan for your situation. Our specialised experience in high-risk professions sets us apart from generic protection providers. We speak your language and recognise the specific challenges medical professionals face.

We offer competitive rates without compromising on quality. Our relationships with specialised insurers allow us to secure favourable terms for medical professionals at all career stages.

Our personalised approach ensures your policy aligns perfectly with your career stage, family situation, and financial commitments. We take time to understand your specific needs, providing ongoing support as your career evolves.

Get In Touch Today

Every day without income protection leaves you at risk. What would happen if you suddenly couldn’t work due to illness? The financial impact could be devastating for you and your loved ones.

Protecting your career shouldn’t be left to chance. Income protection from Sports Financial Services provides essential security when you need it most.

Take the first step towards securing your financial future today. Fill in our contact form for your free, no-obligation quote. Our dedicated team will assess your specific situation and recommend coverage options tailored to your needs.

Alternatively, give us a call on 0345 565 0935 to speak directly with one of our expert advisers. We’re ready to answer your questions and help you find the perfect coverage solution for your medical career.