Eligibility & Benefits
For a quotation, please provide us with your name and contact details of your company, together with the following:
- Quote Required - Group Life, Group Income Protection, Group Critical Illness, Both Group Life and Group Income Protection etc.
- Is there an existing scheme in place. If yes if this through a broker or direct
- Please Print on your company letterhead and sign the Attached ‘Letter of Authority’ addressed to your existing insurer so that we can obtain five years scheme history from existing insurer.
- Renewal Date
- Eligibility e.g. all employees, all pension scheme members, only managers etc
- Minimum entry age
- Benefit cessation age
Life Quotes
- Benefit Basis – fixed amount or variable of salary
- Spouses Pension – pension related calculation or percentage of salary, escalation in payment
Group Income Protection
- Benefit Basis – percentage of salary or percentage of salary less state benefit
- Escalation – level of increase for claims in payment eg. 3%, 5%, CPI
- Deferred Period – 13, 26 or 52 weeks
- Pension Waiver – percentage of salary
Critical Illness
- Benefit Basis – variable of salary or a fixed amount
General
If you have already established the scheme eligibility and benefit basis the member data requirements for our spreadsheets would be as follows
- Gender
- Date of Birth
- Married Status (only if spouses pension is to be provided and eligibility is married employees only)
- Salary (only if a % of Salary benefit is required within your scheme)
- Occupation
- Location (only required if located outside of Ireland)
Details of any Employees absent from work due to illness or injury to include date first absent and nature of illness.
