"Do you have a Plan B?" - PG Mutual

clock

PG Mutual Friendly Society has unveiled a new advertising campaign emphasising the need for people to think about their position should they become incapacitated.

With surveys suggesting that nine out of 10 UK workers do not have any income protection cover in place to provide them with an alternative income if they could not work due to illness or injury, the Society, which specialises in offering Holloway style income protection to healthcare professionals, is asking "Do you have a Plan B?."

With state sickness benefit only worth around £300 a month (.£67.50 a week), PG Mutual's new advertising campaign emphasises the need for people to think about their own Plan B.

Mike Perry, CEO of PG Mutual, said: "In the current economic climate, at a time when everyone is acutely aware of rising living costs, we want to encourage healthcare professionals to ask themselves "Have I got a Plan B?" Our members can then rest assured that they have their Plan B in place".

More on Income Protection

Partner Insight Video: Financial stability and the reality of everyday accidents

Partner Insight Video: Financial stability and the reality of everyday accidents

Everyday accidents and illnesses are more common than we think, yet the financial implications often go unnoticed. The MetLife Everyday Risk Report highlights the urgent need to address this gap in protection

Sponsored by MetLife
clock 09 January 2025 • 1 min read
IPTF announces new members for 2025

IPTF announces new members for 2025

Seven new additions

Cameron Roberts
clock 06 January 2025 • 2 min read
Profile of an IP customer: learnings from 2024

Profile of an IP customer: learnings from 2024

Panel with the IPTF and IRESS

Cameron Roberts
clock 13 December 2024 • 1 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read