Policy Details

An Income Insurance Protection Policy from the DG Mutual provides benefit from the first day of incapacity or from a choice of deferred periods. If you become ill or have an accident you could receive a weekly benefit of between £60 and £1200 per week from your Income Insurance Protection Policy. How much you pay for your chosen amount of cover and type of benefit depends on your age and gender. You can choose one of the following options or a combination which will enable you to tailor your benefit to suit your needs:

The Day One Constant Bond – benefit is paid at a constant level until recovery, retirement or death.

The Day One Escalating Bond – again benefit is paid at a constant level as above. However, after 52 weeks the benefit will escalate by 3% and will continue to increase at that rate for every year the claim is valid.

The Deferred Constant Bond – full benefit is paid at a constant level until recovery, retirement or death. Choose from 4, 13, 26, or 52 weeks for your plan to commence.

The Deferred Escalating Bond – benefit is paid as in the above plan but will increase by 3% after 52 weeks of the claim and will continue to increase at that rate for every year the claim is valid.

The Day One Reducing Bond – full benefit is paid for the first 26 weeks of incapacity, reducing to 50% cover until recovery, retirement or death.

Double Bonds – benefit levels are unchanged but an additional subscription increases your share of the surplus.

We are confident that our rates are competitive but it is the additional benefits that make an Income Insurance Protection Policy from the DG Mutual so attractive. You will become a member of the Society and profits made are shared between members as a tax-free* cash lump sum at policy end (age 55 or 60) or on earlier death. You will also receive an annual certificate which confirms how much apportionment has been added to your Income Insurance Protection Policy and your total capital to date.

So, don’t delay – protect your income and your lifestyle. Give yourself peace of mind and contact us now or download our Income Insurance Protection Policy product brochure and application form from this site.

* Tax-free under current UK legislation