PG Mutual Pharmacist Income Protection Plus Cover


Income Protection Plus Cover

15% discount off your first two years’ premiums. *

Click here for a quote

Life is unpredictable and full of uncertainties. However, your income does not have to be one of them. 

You can protect your income from the majority of conditions that could leave you unable to work. Income Protection Plus could provide you with comprehensive income protection cover. In return for a small proportion of your salary each month, an Income Protection Plus plan could provide you with a regular, monthly income if you are unable to work due to illness or injury until you recover or reach age 65 (whichever comes first).

Highlights of the policy include:

  • Cover up to 70% or £1,200 per week of your income (whichever is lower)
  • Tailor cover to suit your individual needs
  • No waiting period – cover starts as soon as your first contribution paid
  • No penalty for making a claim and no limit to the number of claims you make
  • Profit Share scheme – any profits are shared with members
  • 95% of new claims paid over the last 3 years (2017-2019)


  • Enhanced Loyalty Bonus^ - aims to provide insured members with a minimum capital sum of £10,000- and six-months income benefit to your family in the event of your death.
  • GP24 - Free current access to a 24/7 app-based GP service putting healthcare in the palm of your hand with instant access to a GP .
  • Exclusive discount on Will Writing services with one of the top Will Writing businesses in the UK.
  • Member Benefits scheme - Access to our wide range of discounts and cashback on leading brands, activities and services.

Get a Quick Quote today and help secure your income.

My Locum Choice work with PG Mutual to provide you with a 15% discount off your first two years’ premiums.*

For details of this special offer visit  and enter discount code ‘MLC’ or call 0800 146 307.

^Applies to existing members as well.

*For full terms and conditions, visit

Click here for a quote


Employee Sick Pay

If you are employed, your employer may provide some level of sick pay. Check your employment contract or speak with your HR department to see just what you’re entitled to.

Alternatively, Statutory Sick Pay, provided by the state for those that qualify, could provide just £89.35** per week. As an employee, you still may find yourself dipping into your savings to get you through recovery and back into your career.


There are many benefits to being a self-employed pharmacist. You are in control of your own work schedule including when you work and when you are off. The rates tend to be better than employed workers.

However, the workload as a self-employed pharmacist can be straining and moving from one pharmacy to the next can be stressful. You may have overheads such as office space and the other costs associated with providing your products or services.

As a Self-Employed Pharmacist, How Would You Cope If You Lost Your Income?

Being a self-employed pharmacist means you won’t receive employee sick pay or Statutory Sick Pay (SSP) in the event that you weren’t able to work due to illness or injury. Instead, you would likely be reliant on your savings or Employment and Support Allowance (ESA), provided by the state to cover your financial commitments. Did you know that ESA, if you complete the paperwork and qualify, provides just £73.10** per week?

If you were unable to work due to illness or injury, would this be enough for you to keep everything afloat? Would your savings be able to cover your mortgage or rent, bills and other financial responsibilities?

The sad reality is that losing your income could push your savings to the limit.

An Alternative Option

Income protection cover may not be something you have considered in the past. When we are heathy and able to put in the hard work required to build and sustain a business, protecting our income from the uncertainties such as serious illness or an injury that prevents us from working may not be high on our list of priorities.

However, income protection could be key to getting back to your career should the unexpected happen and could certainly provide the peace of mind that should you be unable to work due to illness or injury, you are covered and able to focus on what’s most important – recovery.

Isn’t it time you take the steps to protect your income from the unexpected?


PG Mutual is the trading name of Pharmaceutical and General Provident Society Ltd. Registered office: 11 Parkway, Porters Wood, St Albans, Hertfordshire AL3 6PA. Incorporated in the United Kingdom under the Friendly Societies Act 1992, Registered Number 462F.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, Firm Reference Number 110023.