Income Protection Plus Cover

20% discount off your first two years' premium.*

Life is unpredictable. No one likes to think about the unexpected, but a surprising amount of people in the UK would fall upon serious financial trouble in the event of a debilitating illness or injury. 

If you want to be prepared for whatever life throws at you, income protection makes perfect sense. In return for a small proportion of your salary each month, an Income Protection Plus plan could provide you with a regular, monthly income to replace up to 70% of your salary if you were ever unable to work due to illness or injury until you return to work or reach age 65 (whichever comes first). 

Highlights of the policy include:

  • Cover up to 70% or £1,200 per week of your income (whichever is lower)
  • Tailor cover to suit your individual needs
  • No waiting period – cover starts as soon as your first contribution paid
  • No penalty for making a claim and no limit to the number of claims you make
  • Profit Share Account – any profits are shared with members
  • 97% of new claims paid over the last 3 years (2016-2018)


  • Enhanced Loyalty Bonus* - aims to provide insured members with a minimum capital sum of £10,000 and six months income benefit to your family in the event of your death
  • GP 24/7 - Free current access to a 24/7 app-based GP service putting healthcare in the palm of your hand with instant access to a GP – anytime, anywhere
  • Member benefits scheme - Access to our wide range of discounts and cashback on leading brands such as Currys PC World, EE, M&S and Virgin Active 

Why not call PG Mutual today? You’ll be one step nearer to a secure and happy future.

The AIA work with PG Mutual to provide you with a 20% discount off your first two years’ premiums.*

For details of this special offer visit and enter discount code ‘AIA’ or call 0800 146 307.

*Applies to existing members as well. For full terms and conditions, visit 

PG Mutual is the trading name of Pharmaceutical and General Provident Society Ltd. Registered office: 11 Parkway, Porters Wood, St Albans, Hertfordshire AL3 6PA. Incorporated in the United Kingdom under the Friendly Societies Act 1992, Registered Number 462F. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, Firm Reference Number 110023.


Have You Considered Income Protection as Part of Your Business’s Employee Benefit Package?

UK employers are not always aware of what their responsibilities are when it comes to paying an employee who is off work sick. Some businesses do not have provisions for unexpected accidents or illness within their workforce, and don’t understand the legal implications of this. This could result in unbudgeted costs for a business, paying a staff member when they are unable to work over a long period of time due to illness or injury.

It could be easier and more affordable to your business than you think to provide income protection cover to your employees as part of their member benefits.

Employee benefits for today’s working force

Employee benefits are more important than ever to today’s UK work force. They can make your business stand out which in turn can attract the right, talented individuals to your business. Perhaps you already have a level of employee benefits in place. The needs of our employees and the benefits we offer them may need to be evaluated from time-to-time to ensure they still meet the expectations of our employees over time.

Have you taken a look at your employee benefits recently?

Income protection as an employee benefit

In a recent survey (Epoq May 2017), UK adults were asked how valuable a series of services were to them within their employee member benefits package.

It was found that income protection fell into the top 6 most valued employee benefits at 85%.

Income protection outweighed many of the traditional benefits including gym membership (62%) and child care vouchers (41%).

Furthermore, research shows that on average 1 in 7 employees are absent for 4 weeks or more each year with a serious illness or injury (Ellipse research 2016). State Sickness Pay (SSP) covers just a fraction of an employee’s salary (£92.05 per week, DWP, April 2017) and lasts just 28 weeks. After this, they may qualify for Employee and Support Allowance (ESA). It also could be down to your business to determine if it’s possible to provide the employee with a level of salary to support them during recovery or illness once SSP ends as well as potentially having to hire another person to cover their job role in the meantime. This could come at a substantial cost depending on your employee’s role level within your business. If this isn’t an option for your business, then it may be down to your employee to rely on their savings and the support ESA provides if they qualify. This could put your business in an unnecessary moral dilemma.

With illness or injury at this level, it may be worth considering an employee benefit that can provide your employee a percentage of their gross salary thus providing peace of mind for them during recovery so that they can get back to work sooner but also providing your business with a manageable illness or injury cost annually.

How does it work for your business?

Income protection insurance as an employee benefit can provide a replacement income to an employee should they be off work due to illness or injury. Income protection insurance typically covers a percentage of the employee’s gross salary during this period.

The replacement income provided can begin within the time from selected by your business. This can start from day one or you can select a deferment period of your choice, such as 7 days or 6 months.

The income protection plan you provide your employees would be easy to work into your budget and takes the guess work out of staff sick pay and the unexpected costs this creates.

What should I do next?

If you’ve established that income protection cover is something that your business needs to consider, don’t hesitate to get in touch.

PG Mutual provide Income Protection Plus plans at an affordable cost to employers. Please take a moment to find out what would make our Income Protection Plus plan beneficial for your business. For more details about Income Protection Plus, visit

Give us a call on 0800 146 307 or email us at

Alternatively, if you’d like to learn more about employer sick pay and your business’s requirements, you can check out Statutory Sick Pay (SSP): employer guide, by visiting