See the gap between your default group super insurance and what your actual income, debt, and medico-legal exposure require.
Important: Insurance recommendations require personal advice from a qualified financial adviser. Cover amounts shown are general guidance only and do not reflect specific underwriting outcomes. Premiums vary materially by age, health, specialty, and insurer.
Default group super policies typically provide income protection of 50–75% of income capped at modest amounts. For a specialist on $400,000+, default cover may replace less than 30% of actual income.
Tax treatment differs: income protection premiums are deductible regardless; life/TPD inside super is paid from pre-tax money but benefits taxed differently. The right structure depends on cash flow position and tax bracket.
Stepped premiums start cheap but escalate fast — significant cost increases from age 40 onwards. Level premiums are higher initially but locked at the entry-age rate. Most doctors above 35 should consider level cover.
Income protection that pays if you can't perform your specific medical specialty — even if you could theoretically work in a different field. Critical for specialists. Standard "any occupation" cover is much more restrictive.
Every 3 years, plus on major life events (career milestone, practice purchase, family change, property purchase). Income protection should be reviewed when income changes materially.
The calculator gives an indicative answer. A 15-minute consultation gives you specific guidance for your facts. Free, no obligation.
General Advice Warning. The information and calculator output on this page is general information only and does not take into account your personal objectives, financial situation, or needs. Calculator outputs are illustrative and based on stated assumptions. Actual outcomes vary materially. Before making any financial, tax, credit, or property decision, seek personal advice from a qualified adviser. Tax law and lender criteria change. Past performance is not a reliable indicator of future performance.