Exclusive Income
Protection
Insurance
for
Barristers
Established in 1927, dg mutual is an
expert
mutual insurer
Established in 1927, dg mutual is an expert mutual insurer
Quick Quote
dg mutual offers a transparent and simple approach. If you would like us to contact you to provide an income protection insurance quotation, please fill in the form here. On receipt of these details, a member of staff will be in touch during working hours (Mon-Fri).
Protecting Lawyers Income
with dg mutual
As a barrister, your ability to earn is directly tied to your professional expertise and availability. What happens if a critical illness or injury prevents you from working? At dg mutual, we provide specialised income protection insurance designed to safeguard your financial stability when you need it most.
Protecting Barristers’ Income with dg mutual
As a barrister, your ability to earn is directly tied to your professional expertise and availability. What happens if an illness or injury prevents you from working? At dg mutual, we provide specialised income protection insurance designed to safeguard your financial stability when you need it most.
Protecting Barristers’ Income with
dg mutual
As a barrister, your ability to earn is directly tied to your professional expertise and availability. What happens if an illness or injury prevents you from working? At
dg mutual, we provide specialised income protection insurance designed to safeguard your financial stability when you need it most until you return to work.
Why choose dg mutual for your Income Protection cover?
Why choose
dg mutual for your Income Protection?
Specialised for Professionals
We understand the unique challenges faced by lawyers, offering income protection that aligns with your needs and working patterns.
Tax-Free Benefits
Should you be unable to work due to illness or injury, your policy provides a regular,
tax-free income.
Flexible Cover Options
Tailor your policy to suit your individual circumstances, including the level of cover and deferred period.
Mutual Support
As a member of a mutual society, you are not just a policyholder; you are part of a supportive community where profits are reinvested for members’ benefit.
As a self-employed professional, you may not have access to sick pay or employer benefits. Without income protection, an unforeseen health issue or accident could lead to financial strain if you are unable to work, impacting your practice and personal life. dg mutual’s income protection insurance gives you peace of mind, allowing you to focus on recovery without financial worries.
PEACE OF MIND
Example Scenarios
Scenario 1
After reviewing the options, ‘Elizabeth’ chose dg mutual’s deferred cover plan, which would provide her with £1,200.00 per week (£5,200 per month), commencing after 26 weeks of illness. At just £112.80 per month, the policy fitted seamlessly into her financial plan.
When ‘Elizabeth’ experienced an unexpected health issue which dictated a lengthy period of recovery, she was grateful for her
dg mutual deferred cover plan. The policy activated after 26 weeks and the weekly payments from dg mutual ensured she could maintain her financial commitments, allowing her to focus on her recovery.
‘Elizabeth’ is a 38-year-old barrister who had built up sufficient savings to cover her expenses for six months, should she suffer a serious illness. However, she knew she needed a plan for long-term protection, should her savings run low.
After reviewing the options, ‘Elizabeth’ chose dg mutual’s deferred cover plan, which would provide her with £1,200.00 per week (£5,200 per month), commencing after 26 weeks of illness. At just £112.80 per month, the policy fitted seamlessly into her financial plan.
When ‘Elizabeth’ experienced an unexpected health issue which dictated a lengthy period of recovery, she was grateful for her
dg mutual deferred cover plan. The policy activated after 26 weeks and the weekly payments from dg mutual ensured she could maintain her financial commitments, allowing her to focus on her recovery.
‘Elizabeth’ is a 38-year-old barrister who had built up sufficient savings to cover her expenses for six months, should she suffer a serious illness. However, she knew she needed a plan for long-term protection, should her savings run low.
After reviewing the options, ‘Elizabeth’ chose dg mutual’s deferred cover plan, which would provide her with £1,200.00 per week (£5,200 per month), commencing after 26 weeks of illness. At just £112.80 per month, the policy fitted seamlessly into her financial plan.
When ‘Elizabeth’ experienced an unexpected health issue which dictated a lengthy period of recovery, she was grateful for her dg mutual deferred cover plan. The policy activated after 26 weeks and the weekly payments from dg mutual ensured she could maintain her financial commitments, allowing her to focus on her recovery.
‘Robert’ is a 47-year-old barrister who had recently started his own chambers and did not yet have sick pay arrangements in place. Concerned about the impact of illness on his finances, ‘Robert’ chose dg mutual’s day-one reducing cover plan. This policy covered 66% of his taxable income.
A few months later, ‘Robert’ had a serious injury that required time off work. The immediate support from his dg mutual policy allowed him to manage his financial obligations without stress and ensured his new business venture stayed on track.
The above are merely examples, dg mutual offers a multitude of bespoke policy combinations to suit individual financial situations, covering up to 66% of your taxable income. Please contact us for a personal illustration.