DG Mutual pays out on 99% of IP claims

clock

For the second year running Income Protection specialist, Dentists' and General Mutual (DG), paid over 99% of its Income Protection claims.

The society received the highest number of claims for ‘Infections' with 40% of members claiming against Swine Flu and other Viral illnesses. Many claims were paid under day one cover.

David Thompson, chief executive of DG, believes its high payout rates are due to thoroughly evaluating an individual's medical history at the application stage to be certain of the risk they're taking on.

He said; "We take the time to review a person's medical history at the outset which then speeds up the process if someone has a genuine claim."

The company specialises in providing income protection to self-employed professionals although its starter product ‘Classic Double Share Scheme' is now available to people who are self-employed, employed or currently not in employment.

 

 

 

More on Income Protection

One in ten UK workers hold no savings: LV=

One in ten UK workers hold no savings: LV=

40% had no form of protection in place

Jaskeet Briah
clock 09 March 2026 • 2 min read
Profile of an IP Customer: Short- and long-term income protection

Profile of an IP Customer: Short- and long-term income protection

The time factor

Jo Miller and Warren O'Connell
clock 18 February 2026 • 3 min read
IPTF adds four members

IPTF adds four members

Swiss Re joins membership

Jaskeet Briah
clock 18 February 2026 • 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