Who We Help
High income creates high exposure. Protection should match it.
Specialist careers need specialist insurance definitions and strategy.
Why tailored advice matters
The real risk window
Doctors and medical professionals face a significant mismatch between standard cover settings and real earning exposure, especially around occupation definitions and benefit caps.
The difference between own-occupation and any-occupation wording can be career-defining for medical specialists. High earnings also require tailored structuring to avoid under-cover.
Key risks and gaps
- !Income replacement caps far below specialist earnings.
- !Any-occupation definitions that fail to protect specialist roles.
- !Insufficient trauma and TPD structure for high-income disruption events.
- !Delayed accumulation from long training pathways and lower early contributions.
- !Practice ownership risks not coordinated with personal cover.
What Smiths covers
- Income protection with own-occupation focus and realistic benefit strategy.
- Trauma and TPD cover aligned to specialist risk profile.
- Life insurance based on full earning exposure and liabilities.
- Private health and recovery strategy to protect earning continuity.
- KiwiSaver and investment planning to accelerate long-term wealth outcomes.
- Practice-level key person and shareholder protection where relevant.
Your financial checklist
- 01Is income protection on own-occupation terms?
- 02Does the benefit level reflect your real income exposure?
- 03Is trauma cover large enough to support treatment and recovery periods?
- 04Is life cover based on earning capacity, not only debt?
- 05Are KiwiSaver contributions and fund settings optimized?
- 06If you own a practice, is key person/shareholder protection in place?
- 07Do you hold private health cover to reduce waiting-time risk?
Ready to talk it through?
Book a free review with Craig, Guy or Henry. No fees, and we're there if you ever need to claim.