Risk Insurance

Commission free advice

McMasters’ does not accept commissions on risk insurance policies, including life insurance policies, income protection insurance policies and trauma insurance policies.

All commissions payable on risk insurance policies are rebated back to our clients via our related company Big Refunds Pty Ltd.

Our insurance team

Our insurance team is led by Sarah Gao, an experienced chartered accountant and financial planner who has worked full time on doctors’ risk insurance matters for many years.

No task is to big or too small. Sarah and her team handle the full range of matters from small risk insurance claims to $15,000,000 life insurance policies.

All work is completed on a fee for service basis. McMasters’ does not accept commissions and rebates all commissions via our related company Big Refunds Pty Ltd.

Our risk insurance competencies

McMasters’, via our related company Dover Financial Advisers, is literally one of the largest risk insurance advisers in Australia. Terry McMaster, as the responsible manager, is responsible for more than 6,000 risk insurance advices a year. This means we have the most experience and expertise in risk insurance advice of any accounting and financial planning firm in Australia.

And we have handled more doctors’ insurance applications and claims than any accounting and financial planning firm.

Complimentary annual review

Each McMasters’ client receives a complimentary annual risk insurance review. It’s part of the service. Sarah and her team review the appropriateness and after tax cost of your insurances and let you know if changes are recommended.

Changes are orientated to reducing the after tax net cost of your insurances relative to the after-tax benefit.  The emphasis is on making sure you are getting the most cost efficient cover possible and are not over insured.

Can’t wait for your annual review?

Contact Sarah on sarahg@mcmasters.com.au or Terry on  terry@dover.com.au to arrange your annual review now.

Got a risk insurances question?

Contact Sarah on sarag@mcmasters.com.au or Terry on terry@dover.com.au.


Sarah Gao
Sarah is a chartered accountant and financial planner who specializes in risk insurance advice. Sarah graduated with a degree Master of Applied Commerce, specialized in Accounting, from the University of Melbourne in 2008.
She has been working with McMasters since 2011 and has experience in Taxation and Insurance Consulting for more than 7 years.
Yin Low
Yin is a solicitor, with a Masters degree in financial services law from Monash University, and is a financial planner with five year’s experience quality controlling risk insurance advice and advising doctors on their risk insurance needs.
Yin is also a senior compliance manager with Dover Financial Advisers, one of Australia’s largest financial planning groups.
Terry McMaster
Terry is a solicitor, accountant and financial planner, as is a director of McMasters’ and the sole director and owner of Dover Financial Advisers, www.dover.com.au, one of the largest non-institutionally owned financial planning groups in Australia.

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