Income protection for doctors: Why is it so important?
There’s a good reason why doctors and other medical professions are among society’s most revered and respected occupations. They heal, care for us, and help us navigate many of life’s uncertainties. However, between working long hours and consistently making decisions that can literally mean the difference between life and death, a medical professional’s job can be extremely stressful. So much so that research has shown that 32% of doctors in Australia have reported high levels of emotional exhaustion. The nature of their job means that doctors are more prone to mental burnout, in addition to the increased risk of illness from constant exposure to their sick patients. Consequently, doctors must ensure they’re adequately cared for if they have to take an extended absence from work. With that in mind, let’s look at income protection insurance for doctors and why it’s so important. What is income protection? Income protection insurance for doctors allows you to pro...