Income Protection Insurance Quote Generator 
Fill in the form below and click "Generate Quote" to create an immediate package quote.
Technical Description
The Society
dg mutual was founded in 1927 based upon the principles of George Holloway which was to provide income protection insurance incorporating a lump sum at retirement, hence the generic term 'The Holloway Contract'. The Society is owned entirely by its members - all enjoying the benefits of mutuality.
Benefits of Income insurance protection quote from the DG Mutual
- Benefit payable from day 1
- Retirement ages of 55 or 60
- No Occupational Premium Loadings
- No Smoker Premium Loadings
- Reducing benefit
- Tax free lump sum at end of policy under current legislation
Age Limits
Applications can be made between 16 and 50 years of age.
Maximum Benefit Level
Income insurance protection cover is available per £20 bond from £60 per week (£3,120 per annum) to £1,200 per week (£62,400 per annum). The maximum benefit payable is 66% of you gross annual earnings less other continuing income and is based on pre-incapacity earnings.
- If you are employed your income is your pre-tax earnings for PAYE
- If you are self employed their income is calculated as their share of pre-tax profits from their business
Income received from state benefits, savings and investments are not taken into account, but continuing income from employment or other health related insurance payments will be.
