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2005 IP sales up 42 per cent for Dentists’ & General

Citadel income protection new applicants have grown 42 per cent in 2005, according to Birmingham-based friendly society Dentists & General.

The D&G specialises in protecting peoples incomes against illness and injury up to the age of 60, particularly those self-employed in low-risk jobs.

Despite national declining figures for IP applications – a 25 per cent decline according to Swiss Re – D&G says its latest growth means it has doubled applicants since 2003, with 2004 figures up 36 per cent on those for 2003.

The friendly also says 178 IFA firms applied to register their business with D&G in 2005.

D&G spokesman Mark Perkins says: Citadel is a straightforward piece of protection, which can provide financial peace of mind for those in a wide range of low-risk occupations from the moment the policy is accepted until their 60th birthday. Its comparative strengths mean that it is continuing to perform robustly even in the face of the severe difficulties being experienced by other providers.

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