Bongiorno & Partners - Taxation, Financial Planning, Insurance and Finance for Medical Professionals, Australia

Our knowledge and experience within the medical and dental professions and high net worth individuals is, arguably, unsurpassed within Australia. This fact uniquely positions Bongiorno as a leader within the financial services industry and as expert advisers in the areas of taxation, financial planning, insurance and finance.

The financial burden on families and business caused by death, disability or critical illness can be insurmountable. Protecting yourself and your loved ones against these events is paramount. Specialist professional advice is the key to identifying the appropriate insurance policy for your needs.

We are experienced to give advice in the areas of:

• INCOME PROTECTION
• BUSINESS EXPENSE COVER
• LIFE INSURANCE
• TRAUMA COVER
• TOTAL AND PERMANENT DISABILITY
• PARTNERSHIP COVER (including Buy/Sell Arrangements)
• KEY PERSON INSURANCE

Bongiorno has long term relationships with many of the major insurance companies. We can provide you with the cover that best meets your personal situation. As well as protecting your ability to earn an income, we recommend that you protect the assets that you accumulate throughout your career and into retirement.

Income Protection Insurance is the most important ‘Risk Management’ insurance you will need to arrange. To insure yourself comprehensively, you need to select a policy that will cover you if you are unable to do at least one of the important income producing duties of your regular occupation.

You need a policy that will cover you for accidentally acquired blood-borne diseases such as HIV, Hepatitis B and C. You must clearly understand and be aware of the insurance company’s attitude to, and interpretation of, their definitions at the point of claim.

Other key issues to consider in selecting the correct Income Protection are:

• Be fully cognisant of what constitutes a total disability;
• Be aware of the definition for partial disability;
• Is the policy an ‘agreed value’ contract, or will the insurance company determine the benefit payable at the time of claim;
• Are there any limitations on benefits payable for mental and/or nervous conditions?