Citadel Income Protection from Dentists’ and General - any positive/negative experien

alexnznz

Has anyone got any positive or negative experience with Dentists and General Mutual Society?

I am thinking about one of their products - The Day One Bond, which is basically a PHI where even one day off work can be claimed for.

The other thing they state on the website:
“Citadel is different from almost all other income replacement products because D&G is different from most providers. Subscribers become members of the D&G and acquire a share in the Society. All profits are owned by the members and after six months membership their Bonds earn a portion of the Society's annual profits. The Bond Apportionment is put in their Capital Account and invested. Members receive an Apportionment Certificate in May every year, informing them how much Apportionment has grown throughout the year and indicates total capital to date.
So when you subscribe to Citadel you will pay competitive rates for your cover, enjoy excellent benefits should you become incapacitated and you'll also get a tax-free* lump sum on or after your 55th or 60th birthday.”

alexnznz

Can anyone please advise. Got to make decision this week. Many thanks.

johnhy

looks good but expensive
check out the comparison sites before you decide