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

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 £10,000 and six months of your income benefit to a family in the event of death. "The Penrith ar...