The medical profession may help rehabilitate people when they suffer a disability, but what happens when doctors get ill? Helen Collins explains how income protection provides essential cover for medical professionals
Members of the medical profession are a special case when it comes to financial planning. Not only does this apply to pensions where the options available to doctors in NHS general practice are especially complicated, but it also extends to income protection (IP). Certain providers have invested time and resources in developing products tailored specifically to meet the life and healthcare cover needs of the medical profession. However, there are three particular ways in which doctors can benefit from IP: replacing salary or fee income lost through disabling illness or injury; meeting th...
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