Get Covered for Diseases
Hospitals, clinics, surgeries, accident sites. Pressured intense environments where injuries to medical professionals occur all too frequently. Injuries that often have devastating effects on families aswell.
As a medical professional you spend your life helping others. So you deserve tailored insurance cover that helps protect you and your family from the financial consequences of work – related injury.
The risks – emotional, financial, physical.
Injury in clinical or accident environments involves significant risk. The potential consequences of needle stick injuries in particular need careful consideration when you seek out the comprehensive insurance cover that helps protect you and tour family.
Emotional Risks
Contracting HIV and Hepatitis strains B and C can cause emotional distress and career consequences, creating financial anxieties for those who depend on you. Those stresses may have a real impact on your ability to keep working – and providing for your family.
Physical and financial risks
For medical professionals a work related injury could mean long illness, the loss of job, even being prevented from working in your chosen field. All these events can have devastating effects on your personal or family budget, effects that could rapidly turn a comfortable financial position into a desperate one.
Cover tailored to protect and reassure
At TCM we understand the needs of medical professionals and why you need cover that’s tailored to your needs. In addition to Life Insurance, TPD Insurance (Total and Permanent Disablement) and Trauma Insurance, there are two other crucial cover products that must be considered.
Blood Borne Disease Insurance
Blood Borne Disease Insurance provides lump sum cover worth between $50,000 and $1 million for medical professionals (dentist, doctors, nurses and paramedics) and some other at risk occupations (such as police and pathologists) if they contract HIV, Hepatitis B or Hepatitis C due to an accident while working in their usual occupation.
Medical professionals are in a unique position in that blood borne diseases pose a hazard in their workplace. The contraction of one of these diseases could significantly impact their capacity to work due to regulatory restrictions that have been defined in the professional governing body guidelines, even though it may take years before there is any effect on their ability to perform their occupation.
Disability Income Insurance
Disability Income Insurance provides a monthly benefit should the insured be unable to work due to illness or injury. An insured person’s disability is assessed against their ability to perform the duties of their usual occupation necessary to produce income.
The good news is that some policies will consider that a medical professional has satisfied the occupational duties requirement of the total disability definition, as applicable, if he or she contracts HIV, Hepatitis B or Hepatitis C and as a result of the guidelines of the professional governing body in their state, are required to cease performing at least one of the duties of his or her usual occupation necessary to produce income. In order to be eligible to make a claim, the other components of disability and partial disability, as applicable, must also be satisfied.
In addition to these medical professional benefits, some polices offer broad flexibility with a range of waiting and benefit periods to suit your needs. That means you can structure your Disability Income insurance so it takes account of your current financial situation – ie how much of a c cash reserve you already have and your existing level of financial commitments, such as mortgage debt and family circumstances.