Sometimes clients are surprised to hear that based on current NHS pay scales, their total earning potential can be more than £4m between the ages of 35 and 65.
During the earlier training years, many earn another £600,000.
Add in the significant sums generated by private practice over a career and we can soon see the figures increasing much further.
In fact, the value of your future earning potential is often your greatest financial asset – but how well do you look after it?
Sadly, a serious illness or injury could significantly reduce or curtail a medical career long before retirement, putting future earnings and financial plans at risk. Extended periods away from work can impact your finances at a time when you may have considerable outgoings such as mortgages, family commitments or school fees.
Protection when you need it
Income protection insurance is designed to help safeguard your future earning potential by providing a regular replacement income if illness or injury prevents you from working.
We always insure our homes and our cars, but the earning power allowing you to buy the home or the car is often overlooked.
Contact us to discuss your own insurance arrangements.
