Income Protection Plus
for Nursing
Professionals
Have you ever thought how you would cope financially if you had to take time off work because of illness or injury?
Some people think they would rely on family or a spouse to help cover their financial out goings, but this can usually cost more than family can afford. Imagine if you, as a nurse, became ill or injured and were unable to work. You would get sick pay for a short period of time after which Employment and Support Allowance (ESA) would kick in and you’d receive an allowance of approximately £84 per week. Many nurses would struggle to maintain their existing lifestyle on that.
This is where Income Protection Plus from PG Mutual comes in.
In event of illness or injury up to 70% of your pre-tax salary could still be paid to you through an Income Protection Plus plan until you are fit enough to get back to work or reach the age of 65, whichever comes first.
How Income Protection Plus has
helped a nursing professional
Take Jenny, her name has been changed for confidentiality.
Jenny was a clinical lead nurse. When she suffered from a severe case of gastroenteritis which resulted in hospital admission she was forced to take 3 weeks off work.
As Jenny wasn’t entitled to normal salary sick pay from her employer, her Income Protection Plan (that she had chosen to kick in after 2 weeks leave) was there to support her financially during this time so she didn’t have to worry about her loss of income.
If you feel this might be the right support for you then get a quote today:
Why nurses should choose Income Protection Plus
- You can tailor your plan to suit your needs. It can start paying from day one, 7 or 14 or after 1, 3, 6 or 12 months.
- We offer long term cover, so you’ll get your payments up until your 65th birthday or when you are fit enough to go back to work whichever comes first.
- PG Mutual offers more than just Income Protection. From day one you’ll have free access to a wellbeing counselling service as well as a virtual GP 24/7 service for yourself and your family.
- Vocational rehabilitation services may also be offered to you if we feel it could help you get back to work sooner.
- We’re also a not-for-profit society, so you’ll enjoy a share of any profits we make. Your Income Protection Plus plan includes a profit share feature that aims to build a cash lump sum over the life of your policy for payment to you in your retirement years.
- We understand the healthcare market. PG Mutual was set up by pharmacists back in 1928 and has been doing so ever since – for almost 100 years. Given all the changes and uncertainty ahead we are more relevant than ever.