Income Protection for Dental and Medical Professionals
Most people understand the need to protect their home against theft, their car against damage, and their health against the unexpected. But they often fail to protect their income – one of their most important assets.
We specialise in providing income protection advice for doctors, dentists and medical professionals that is tailored to your job, industry and practice. The medical accountants and financial advisors at Smith Coffey work only with dental and medical professionals to educate and advise you on income protection insurance that will guard you and your family, as well as your business assets, from the unexpected.
We can arrange income protection insurance that defends your ability to earn an income in the event of injury or sickness. We can also arrange for your business expenses to be covered if something unexpected occurs.
I have been dealing with Stephen Jones at Smith Coffey for over a decade. He is an outstanding advisor. He is clear and concise, has excellent skills and is a great communicator. Smith Coffey do everything from banking to insurance, accounting, super and other investments. They only deal with medical professionals and have done so for many decades and this collective experience really shows. I recommend them most highly.
— Shyan V.
Financial Protection for Families
We can establish a funding mechanism to ensure you receive a lump sum or ongoing income for you and/or your family in the event of death, trauma or total and permanent disability, without necessitating the sale of the family home or other assets.
Medical Private Practice Insurance
Protect your private practice and key people from unforeseen circumstances by structuring an insurance policy that will safeguard your assets. The medical accountants and financial advisors at Smith Coffey have helped thousands of doctors, dentists and medical professionals with wealth protection and insurance and can advise you on the right insurance policy for your practice.
We can arrange insurance for key people in your business or as a mechanism to fund your Buy-Sell Agreement.
Ongoing Insurance Advice for Medical and Dental Professionals
We are here for you through the entirety of your medical career, from medical student to retirement, and will be available every step of the way to tailor financial strategies to your current position. The same goes for your insurance strategy.
From your first insurance consultation, we will review your existing position and policies to identify risks and opportunities for financial improvement. We’ll research and consult with insurance companies to find the best policies to suit your situation and financial goals.
Once an insurance strategy is built and implemented we will continue to conduct ongoing reviews to ensure you are in the best financial position and make new strategies to adjust to change.
I have enjoyed comprehensive A1 service and advice for almost 20 years. Always accessible and responsive. I cannot recommend Stephen Jones and his team at Smith Coffey highly enough. Looking forward to the next 20!
— Andy C.
Why Choose Smith Coffey as Your Medical Accounting Firm?
Leaders in the medical financial services industry, our financial advisors offer specialist advice in wealth creation, debt management, superannuation and retirement planning. The team’s experience working with medical and dental professionals since 1973 is arguably unsurpassed in Australia.