Are your finances covered if you become unable to work due to accident or illness?


When you’re off work through illness or injury the last thing you want to be thinking about is your finances, right? But with limited sick pay entitlements for the employed and very little government support if you’re self-employed, it could have a major impact on the current lifestyle of you and your family.


So, what is Income Protection and how does it work once you’ve applied? Well, here is everything you need to know, all thanks to our Paycare Partners, PG Mutual – take a read!


“How much do you really know about Income Protection cover? 

It’s pretty simple really. Income Protection is a means of making sure you can cover your monthly overheads if illness or injury prevents you from working and earning. Instead of dipping into your savings to cover things like mortgage repayments, utility bills and so on, Income Protection could pay up to 70% of your salary while you’re off work, allowing you to focus on recovery.

What exactly is illness and injury?

As with any type of insurance policy, it’s important to know what’s covered and what isn’t. Some of the things that aren’t typically covered by Income Protection include cosmetic surgery, drug or alcohol-induced injuries, hazardous activities and participation in riots. So if you injure yourself following a bungee jumping excursion, it’s unlikely your lost income with be replaced.

Fortunately, there’s an awful lot that is covered. You see with PG Mutual, the clue is in the name. Mutuals paid out more than 94% of income protection claims in 2018. At PG Mutual, the rate was even better for our members. Between 2016 and 2018 we paid out on 97% of claims, totalling £2.5 million. The top three claim categories being: musculoskeletal (26% of claims), infections and flu (22%) and gastrointestinal (14%).


How do you get covered?

With PG Mutual, you have two options. You can obtain a Quick Quote and apply online via our website,, or you can contact us and a member of our sales team will help you through the application process.

For those who find our Standard Income Protection Plus product to be sufficient for your needs, we can offer you a fast-track, pre-existing condition exclusion route that still allows you to ask our underwriters if a particular condition would be considered as ‘pre-existing’.


Make the most of your member benefits

Are you interested in protecting your income? As a Paycare member you are entitled to 20% off your first two years of cover with PG Mutual. Just use the discount code ‘PAYCARE’ when arranging your policy. To learn more, visit us online at or give us a call on 0800 146 307.”


About PG Mutual

PG Mutual income protection specialists can provide Paycare Policyholders with a plan that’s designed to help bridge the gap between normal income levels and those that the state would provide if you were unable to work due to illness or injury – after all, when we fall ill our financial commitments do not go on hold.

For more information – visit