Income Protection Discounts

More than 1 in 16 people are now inactive due to long term sickness. There were over 710,000 more people on long-term sick leave in the UK in April 2024 than there were in January 2021 at the height of the Covid epidemic. The top causes of absenteeism were anxiety, stress and psychiatric conditions highlighting just how possible the predicament of long-term absenteeism from a mental health condition  alone could happen to any one of us - of any age or walk of life.

Losing an income can have major implications, especially if you are used to a wide range of expenses and outgoings. Often ‘sick pay’ from employers doesn’t provide cover for long enough, and state benefits are often not enough to cover even basic costs of living. Some would look to their spouse or other family members to help, or dip into their savings but how long would that realistically last?

Income protection Plus could provide you with the ongoing income you need, up to 70% of your pre taxable salary, when unable to work due to an accident or illness that could keep you going financially over periods spent out of work whether short-term, or long-term: up to the age of 65 or until you are ready to return to the job you love whichever comes first.

• Comprehensive cover of up to 70% of your pre-tax income.
• A flexible policy that you can tailor to start paying out when you need it to: from the first day of your illness or injury to day 7, 14, or after 1, 3, 6 or 12 months.
• Long term cover option that can pay you up to the age 65, or when you’re able to return to work whichever comes sooner.
• Access to wellbeing counselling services and a virtual GP 24/7 service for you and your family.
• Vocational rehabilitation support if we feel it could help you get back to work sooner.
• PG Mutual are also a not-for-profit friendly society that share any profits they make with their members through their Profit Share Account. Find out more.

PG Mutual specialise in supporting healthcare and veterinary professionals whether fulltime, part time, locum or self-employed. Our Income Protection is comprehensive and flexible to suit your needs. We're also a not-for-profit society, so you'll also enjoy a share of any profits we make through our Profit Share Scheme.

• If you are not incapacitated by sickness or injury, you will not be able to claim.
• If you do not experience a loss of income during a period incapacity, you will not be paid any benefit.
• A final cash payment from the profit share feature of Income Protection Plus is not guaranteed.
• If you cancel your policy within 2 years, you will not receive any return from the profit share feature.
• You can find more information about Income Protection Plus from our Key Information Document and our Product Guide.