Penrith Building Society and PG Mutual launch 'Income Protection Plus'

Adam Saville
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Penrith Building Society and PG Mutual launch 'Income Protection Plus'

A policy to cover individuals unable to work due to illness, accident or injury

Penrith Building Society has partnered with income protection specialist PG Mutual to launch ‘Income Protection Plus', a plan to provide financial support to those who cannot work due to illness, accident or injury. As a mutual, PG Mutual will return profits to its members meaning the plan will build as a lump sum over time regardless of whether claims are made. Income Protection Plus policyholders will also benefit from an Enhanced Loyalty Bonus, which pays out a minimum capital sum of...

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